L. A company pays commission to its agents on the basis of the annual sales made
by the agents. The basis of calculating the commission is as follows:
On 50% of the annual sale : rate of commission is 5%;
On 60% of the remaining : rate of commission is 10%;
On the balance
: rate of commission is 15%.
If the annual sales of an agent amounts to *2,50,000, calculate the total amount
of commission to be received by him from the company.
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