Shri Deepash is paid commission of 5% on cash and 4% on credit sales. If on a total sales of Rs. 50000 he is paid Rs. 2400 find the amount of cash and credit sales?
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The amount of cash and credit sales are Rs. 40000 and Rs. 10000 resp.
Step-by-step explanation:
Since we have given that
Total sales = Rs. 50000
Let the cash sales be 'x'.
Let the credit sales be '50000-x'
Rate of commission on cash = 5%
Rate of commission on credit = 4%
According to question, we get
So, Credit sales = 50000-40000=10000
Hence, the amount of cash and credit sales are Rs. 40000 and Rs. 10000 resp.
# learn more:
Total sales is 910000, cash sales is 2/5 of credit sales find credit sales
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