A sales representative's commission is 6% on all sales up to Rs. 15000 and 5% on all sales exceeding this. He
remits Rs. 47350 to his company after deducting his commission. What were the total sales?
Answers
Answer:
50000
Step-by-step explanation:
explanation
Given :- A sales representative's commission is 6% on all sales up to Rs. 15000 and 5% on all sales exceeding this. He remits Rs. 47350 to his company after deducting his commission. What were the total sales ?
Solution :-
Let us assume that, total sales is Rs. x.
Given that, 6% commission on sale up to Rs.15000.
So,
→ 6% of sale 15000 = (15000 * 6) / 100 = Rs.900
Now,
→ Left sale = (x - 15000)
→ commission on sale more than 15000 = 5% of (x - 15000) = 5 * (x - 15000)/100 = (1/20)(x - 15000)
So,
→ Total commission on sales = 900 + {(1/20)(x - 15000)}
Than,
→ Remit = x - [900 + {(1/20)(x - 15000)}]
Now, we have given that, total remit is Rs.47350.
Therefore,
→ x - [900 + {(1/20)(x - 15000)}] = 47350
→ x - 47350 = 900 + {(1/20)(x - 15000)}
→ x - {(1/20)(x - 15000)} = 900 + 47350
→ (20x - x + 15000)/20 = 48250
→ 19x + 15000 = 48250 * 20
→ 19x = 965000 - 15000
→ 19x = 95,0000
dividing both sides by 19,
→ x = Rs.50,000 (Ans.)
Hence, Total sales is Rs.50,000.
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