a sales executive gets a commission on total sales at 8%. if the sale is exceeded rs.10,000 he gets an additional commission as a bonus of 4% on the excess of sales over rs.10,000. if he gets the total commission of rs.950, then the bonus he received is
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Answer:
The total Bonus received is Rs. 50 /-
Step-by-step explanation:
Hey Mate,
Given Data,
- Commission on total sales = 8%
- Extra Commission as a bonus of 4% on the excess of sales over Rs. 10,000.
So,
Total Commission = Rs. 950/-
Commission up to 10000 = 10000 * 8/100 = 800
Ratio = 2X : X (# 8% Commission & 4% Bonus)
Commission = 2X & Bonus = X ;
So,
Bonus = ( 950 - 800 ) × ( 1/3 )
=> 150 × ( 1/3 )
=> 50.
The total Bonus received is Rs. 50 /-
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