Question

Maximum profit Pvt Ltd allowed an 18% commission on the total sales to a salesman and a bounces of 2% on the sales over rs 40,00. If the salesman RS 1,26,400 in the company after deducting his earnings. Find the total sales.

1) Rs 1,75,000
2) Rs 1,57,500
3) Rs 1,25,600
4)None of the Above

Answer 1

Answer:

Ans is 4) None of the above

Answer 2

Answer:

The correct option is 4) None of the Above

Step-by-step explanation:

Given: Maximum profit Pvt Ltd allowed an 18% commission on the total sales to a salesman and bounces of 2% on the sales over Rs 40,00. If the salesman RS 1,26,400 in the company after deducting his earnings.

To find the total sales.

Solution: Let the total sales be '$x$' commission on below $4000$ sales $x$ × $18/100$

Bonus is $(x-4000)$ × $2/100$

According to question

$18x/100+(x-4000)$ × $2/100=126400$

Simplify.

$18x+2x-8000=12640000$

Calculate the value of $x$.

$20x-8000=12640000$

$20x=12648000$

$x=632400$

Hence, the total sales are RS $632400$ and the correct option is 4) None of the Above.