An agent was paid Rs. 30000 as commission on the sale of vehicles. If the commission was 10% and price of each vehicle is Rs.15000/-. Find how much vehicles did he sell.
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An agent was paid Rs. 1596 as commission at rate 12% on the sale of bicycles. The selling price of each bicycle was Rs. 950. Find the ...
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The agent sold 20 vehicles.
Given,
Total commission paid to agent = Rs. 30000
Percentage of commission on the sale of each vehicle = 10%
Price of each vehicle = Rs. 15000
To Find,
No. of vehicles sold by the agent
Solution,
We know that the total commission paid to the agent is the product of no. of vehicles sold and the commission received on each vehicle
The commission received on each vehicle is given as 10% of Rs. 15000
That is, the commission received on each vehicle is Rs. 1500
Let then no. of vehicles sold be n. Then we have the following:
⇒ 30,000 = 1,500 × n
⇒ n = 30,000 ÷ 1,500
⇒ n = 20
Therefore, the no. of vehicles sold by the agent = 20
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