Umesh sold 10 quintals of rice at Rs. 4080 per quintal through on agent. The commission was paid at the rate of 2% Find the amount Umesh received after selling the rice ?
Selling price = 10 × = rs.40,80
The commission rate =. %
Commission = × 100^2 = rs.816
amount received by selling rice -
selling price of rice -
= -
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Answer:
The amount received by Umesh = 39940
Step-by-step explanation:
Given Umesh sold 10 quintal of rice at rate 4080 per 1 quintal
total selling price of 10 quintal rice = 4080 × 10= 40800
the rate of commission paid on each quintal = 2%
the amount of commission paid at each Quintal
= (2/100) × 4080
= 81.6 rs (approximately )
at 1 quintal commission = 81.6
at 10 quintals commission = 81.6 × 10 = 860 rs
The received by Umesh = total selling price - commission
= 40800- 860
= 39940
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