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An agent sold a car and charged 3% commission on sale value. If the owner of the car received ₹ 48,500, - Mathematics and Statistics

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प्रश्न

An agent sold a car and charged 3% commission on sale value. If the owner of the car received
₹ 48,500, find the sale value of the car. If the agent charged 2% from the buyer, find his total remuneration.

योग

उत्तर

Let sale value of the car be ₹ x.

Since, agent charged 3% commission on the sale value

∴ Agent's commission from seller = 3% of sale value

= 3% of x = `3/100 xx x`

`= (3x)/100`

Amount received by the owner = Sale value of the car - Agent's commission

∴ `48500 = x - "3x"/100`

∴ `48500 = (97x)/100`

∴ x = `(48500 xx 100)/97`

∴ x = ₹ 50,000

∴ Sale value of the car is ₹ 50,000.

∴ Agent's commission from seller = 3% of sale value

∴ 3% of ₹ 50,000

`= (3 xx 50,000)/100`

= ₹ 1,500

Also, he charged 2% commission to the buyer.

∴ Agent's commission from buyer = 2% of sale value

= 2% of ₹ 50,000

`= 2/100 xx 50,000`

= ₹ 1000

∴ Agent's total remuneration = Commission from seller + Commission from buyer

= 1,500 + 1,000 = ₹ 2,500

∴ Sale value of car is ₹ 50,000 and total remuneration of the agent is ₹ 2,500.

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Commission and Brokerage Agent
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [पृष्ठ १३]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 4.16 | पृष्ठ १३

संबंधित प्रश्न

Anita is allowed 6.5% commission on the total sales made by her, plus a bonus of `1/2`% on the sale over ₹ 20,000. If her total commission amounts to ₹ 3,400, find the sales made by her.


Deepak’s salary was increased from ₹ 4,000 to ₹ 5,000. The sales being the same, due to reduction in the rate of commission from 3% to 2%, his income remained unchanged. Find his sales.


An agent is paid a commission of 7% on cash sales and 5% on credit sales made by him. If on the sale ₹ 1,02,000 the agent claims a total commission of ₹ 6,420, find his cash sales and credit sales.


Three cars were sold through an agent for
₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.


A book seller ₹ 1,530 as 15% commission on list price. Find list price of the books.


An agent charges 10% commission plus 2% delcreder. If he sells goods worth ₹ 37,200, find his total earnings.


Fill in the Blank.

A _______ is an agent who brings together the buyer and the seller.


State whether the following statement is True or False.

The buyer is legally allowed 6 days grace period.


The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. Find the rate of interest.


Choose the correct alternative:

A salesman receives 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50,000. His total income on the sale of ₹ 2,00,000 is ______.


An agent who gives guarantee to his principal that the party will pay the sale price of goods is called ______


When transactions like sale, purchase, auction etc. are done through some middlemen, such middlemen are called ______


Three cars were sold through an agent for ₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.

Solution: Total selling Price of three cars = 2,40,000 + 2,22,000 + 2,25,000

= `square`

Commision on total sale = 14%

= `14/100 xx square`

Selling price of First car = ₹ 2,40,000

Rate of commission = 17.5% 

= `17.5/100 xx 2,40,000 = square`

∴ Commission on first car = ₹ `square`

Selling price of Second car = ₹ 2,22,000

Rate of commission = 12.5%

= `12.5/100 xx 2,22,000 = square`

∴ Commission on second car = ₹ `square`

Selling price of third car = ₹ 2,25,000

Let the rate of commission be x

Commission on third car = `x/100 xx 2,25,000`

∴ Commission on third car = Total commission − (commission on first car + commission on second car)

∴ `x/100 xx 2,25,000 = square - {square + square}`

∴ x = `square`


An agent was paid ₹ 88,000 as a commission on the sales of computers at the rate of 12.5%. If the price of each computer was ₹ 32,000, how many computers did he sell?


Mr. Pavan is paid a fixed weekly salary plus commission based on percentage of sales made by him. If on the sale of ₹68,000 and ₹73,000 in two successive weeks, he received in all ₹9880 and ₹10, 180. Complete the following activity to find his weekly salary and the rate of commission paid to him.

Solution: Income of Mr. Pavan = Weekly salary + Commission on sales

Salary + Commission on ₹68,000 = ₹9880      ... (1)

Salary+ Commission on ₹73,000 = ₹10,180     ... (2)

Subtracting (1) from (2), we get

Commission on ₹5000 = ₹ `square`

∴ the rate of commission = `square/5000 xx 100` = 6%

Commission on ₹68,000 at 6% = ₹`68000 xx6/100 = square`

From (1) and (3), we get Salary = ₹(9880 - 4080) = `square`

Hence, fixed weekly salary is ₹5800 and the rate of commission is 6%.


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