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Mr. Pavan is paid a fixed weekly salary plus commission based on a percentage of sales made by him. If on the sale of ₹ 68,000 and ₹ 73,000 in two successive weeks - Mathematics and Statistics

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प्रश्न

Mr. Pavan is paid a fixed weekly salary plus commission based on a percentage of sales made by him. If on the sale of ₹ 68,000 and ₹ 73,000 in two successive weeks, he received in all ₹ 9,880 and ₹ 10,180, find his weekly salary and the rate of commission paid to him.

योग

उत्तर

Income of Pavan = Salary + Commission on sales

∴ For first week, his income is,

9880 = Salary + Commission on 68000     ...(i)

∴ For second week his income is,

10180 = Salary + commision on 73000   ....(ii)

Subtracting (i) from (ii) we get,

     Salary + Commission on 73,000 = 10,180
(–) Salary + Commission on 68,000 = 9,880
     (-)       (-)                                       (-)       
         Commission on 5,000 = 300

∴ On sales of ₹ 5,000, commission is ₹ 300

Commission = Sales × Rate of commission

∴ 300 = 5,000 × Rate of commission

∴ Rate of commission = `300/5000 xx 100` = 6%

∴ Commission on sales of ₹ 68,000 at the rate of 6% `= 68,000 xx 6/100` = ₹ 4080 

∴ Substituting ₹ 4,080 in equation (i),

Salary + Commission on 68,000 = 9,880

Salary + 4,080 = 9,880

∴ Salary = 9,880 – 4,080 = ₹ 5,800

∴ Weekly salary of Pavan is ₹ 5,800 and rate of commission is 6%.

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अध्याय 1: Commission, Brokerage and Discount - Exercise 1.1 [पृष्ठ ५]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 1 Commission, Brokerage and Discount
Exercise 1.1 | Q 7 | पृष्ठ ५

संबंधित प्रश्न

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.


A certain sum due 3 months hence is `21/20` of the present worth, what is the rate of interest?


The date on which the period of the bill expires is called


Fill in the Blank.

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


Broker is an agent who gives a guarantee to seller that the buyer will pay the sale price of goods.


State whether the following statement is True or False.

The buyer is legally allowed 6 days grace period.


A salesman gets a commission of 6.5% on the total sales made by him and bonus of 1% on sales ₹ 50,000. Find his total income on a turnover of ₹ 75,000.


A shop is sold at 30% profit, the amount of brokerage at the rate of `3/4`% amounts to
₹ 73,125. Find cost of the shop


After deducting commission at `7 1/2`% on first
₹ 50,000 and 5% on balance of sales made by him, an agent remits ₹ 93,750 to his principal. Find the value of goods sold by him.


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 ______.


Choose the correct alternative:

The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount is ______


The buyer is legally allowed ______ days grace period


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


State whether the following statement is True or False:

The trade discount is first calculated on the catalogue (list) price


State whether the following statement is True or False: 

A factor is an agent who is given the possession of goods and enters a contract for sale in his/her own name


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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