Question

a salesman is allowed 12% commission on the total sales made by him and a bonus of 3% in the sales over Rs20000.if the total earning of a salesman is Rs 7650.find the total sales?

Answer 1

Concept:

A significant part of sales compensation is commission. It is the amount of money earned by a salesman according to the number of sales made. This is money that is usually added on top of a regular paycheck.

Given:

12% commission on the total sales

A bonus of 3% on the sales over Rs20000

To find:

The total sales.

Solution:

Let total sales be = x

12% commission on the total sales

A bonus of 3% on the sales over Rs20000

Commission on below 20,000 rs sales = x*  12/100%

Bonus=

$( x-20000)*\frac{3}{100} \\=\frac{12x}{100} + (x-20000)*\frac{3}{100} \\= 7650\\=12x + 3x -60,000 \\= 765000=15x\\= 825000\\x = 55000$

Therefore the total sales are 5500

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