Question

Karls commission on sale is 10% on all sales upto rs. 15,000 and 7% on the amount above that. If he remits rs. 55,350 to his organization after deducting his commission, then determine the total sales.

Answer 1

the answer should be 61129.03.

Answer 2

Answer:

60,000

Step-by-step explanation:

Let total sale be T.

T - [(10/100)×15000 + (7/100)(T - 15000)] = 55350

T - [1500 + (7/100)(T - 15000)] = 55350

T - [1500 + (7/100)T - (7/100)15000] = 55350

T - [1500 + (7/100)T - (7)150] = 55350

T - [1500 + (7/100)T - 1050] = 55350

T - [450 + (7/100)T] = 55350

T - (7/100)T - 450 = 55350

T - (7/100)T = 55350 + 450

(93/100)T = 55800

T = 60000

Total sales is 60,000