Menu
Popular Courses
Search
Question

Salesman`s commission is 5% on all sales upto Rs.10,000 and 4% on all
sales exceeding this.He remits Rs.31,100 to his parent company after
deducing his commission . Find the total sales



Options:
A .  Rs.31,500
B .  Rs.30,500
C .  Rs.35,500
D .  Rs.32,500
Answer: Option D

Let his total sales be Rs.x.Now(Total sales)-(Commission )=Rs.31,100
x-[(5% of 10000 + 4% of (x-10000)]=31,100
x-[((5/100)*10000 + (4/100)*(x-10000)]=31,100
x-500-((x-10000)/25)=31,100
x-(x/25)=31200
24x/25=31200x
=[(31200*25)/24)=32,500.
Total sales=Rs.32,500




Was this answer helpful ?
Next Question

Submit Comment/FeedBack

Your email address will not be published. Required fields are marked *

Share this page with your friends!

Latest Videos

Chapter 1 - GLOBAL STEEL SCENARIO & INDI Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)
Direction Sense Test Part 1 Reasoning (Hindi)
Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE
Cube & Cuboid Part 1 Reasoning (Hindi)
Data Interpretation (DI) Basic Concept Reasoning (Hindi)
Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)
Real Numbers Part 7 Class 10 Maths
Real Numbers Part 1 Class 10 Maths
Polynomials Part 1 Class 10 Maths

Latest Test Papers

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024
Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024
Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024
GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024
CBT Mixed Test 1 GPOE/GPA SAIL E0 2024