A salesman selling toys earns a commission of 12½ %. The man earned Rs 2400 as commission in July 2016. Find the total sales in that month.
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Answer:
Rs. 55,000/-
Explanation:
Let the total sales be x.
Then according to the given conditions.
0.12x +0.03 (x-20000) = 7650
Therefore, 0.15x - 600 = 7650
Therefore, x= (7650+600)/0.15 = 55000
Hence, total sales is Rs 55,000/-
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