Question

Manoj's commission is 10% on all sales up to rs. 10,000 and 5% on all sales exceeding this. He remits rs. 75,500 to his company after deducting his commission. The total sales will come out to be

Answer 1

Answer:

Step-by-step explanation:

Consider the provided information.

Let us consider his total sales is x.

His commission on total sales is:

Total commission = 10% of 10000 + 5% of (x-10000)

Total commission = 1000 + 5x/100 - 500

                            = 500 + 5x/100

                            = 500 + x/20

The amount he remits to company is:

75500 = x- (x/20 + 500)

75500 = x - x/20 - 500

75500 + 500 = 19x/20

76000 = 19x/20

x = (76000 × 20) / 19

x = 4000 × 20

x = 80000

Hence, the total sales will come out to be rs. 80000.