An agent remits to his employer * 26,900 after deducting. 5% commision on first * 8,000 and 3 1/2% commission on the remaining sales. Calculate the price of goods sold by him.
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Here’s how I would solve this mentally
suppose he made 4 percent on everything
that means he would have remitted 1% of 10000 more to his company.
so 31100 + 100 = 96% of total sales
total sales = ( 100/96)* 31200
= 100* 1300/4 ( cancelling by 24 )
= 32500
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hAve you understand
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understood
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