Deepaks salary was increased from ₹ 4000 to ₹ 5000. The sales be8ng the same , due to reduction in the rate of commission from 3% to 2% , his income remained unchanged. find his sales
Answers
Answer:
Deepak's salary was increased from 4000 to 5000
Due to reduction in the rate of commission from 3% to 2% the sales remains the same
His income remains unchanged
To find:
The sales
Solution:
Let "x" represent the sales amount received by Deepak.
So,
His initial amount of commission, when the rate of commission was 3%,
= \frac{3}{100} \times x
100
3
×x
= 0.03x0.03x
and
His new amount of commission, when the rate of commission is 2%,
= \frac{2}{100}\times x
100
2
×x
= 0.02x0.02x
Also,
Deepak's initial salary was = Rs. 4000
Deepak's new salary is = Rs. 5000
Now, as we are given that his income remains the same, therefore we get
Initial Income = New Income
⇒ [Initial Salary + Initial commission] = [New salary + New commission]
⇒ [4000 + 0.03x] = [5000 + 0.02x][4000+0.03x]=[5000+0.02x]
⇒ $$\begin{lgathered}0.03x - 0.02x = 5000 - 4000\\\end{lgathered}$$
⇒ $$0.01x = 1000$$
⇒ $$x = \frac{1000}{0.01}$$
⇒ $$\bold{x = 1,00,000}$$
Thus, the sales made by Deepak is Rs. 1,00,000.