Sales of rs. 30000 earned the salesman a commission of rs. 2600. His commission was 10% on cash sales and 5% on credit sales. How much was his cash sales?
Answers
Given : Sales of rs. 30000 earned the salesman a commission of rs. 2600
His commission was 10% on cash sales and 5% on credit sales.
To Find : How much was his cash sales?
Solution:
Let say has cash sale = rs 100X
Total Sales = Rs 30000
Hence credit sales. = 30000 - 100X Rs
commission was 10% on cash sales = (10/100)100X = 10X
commission was 5% on credit sales = (5/100)(30000 -100X) = 1500 - 5X
Total commission = Rs 2600
10X + 1500 - 5X = 2600
=> 5X = 1100
=> X = 220
100X = 22000
cash sales = Rs 22000
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