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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

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

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प्रश्न

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

बेरीज

उत्तर

Sum due = ₹ 11,660, Present worth = ₹ 11,000.

n = `9/12` years

True discount = Sum due – Present worth

= 11,660 - 11,000

= 660

True discount = `("P.W." xx "n" xx "r")/100`

`660 = (11,000 xx 9/12 xx "r")/100`

`660 xx 100 = 11,000 xx 9/12 xx "r"`

∴ r = `(660 xx 100 xx 12)/(11,000 xx 9)`

∴ r = 8%

∴ The rate of interest is 8% p.a.

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Commission and Brokerage Agent
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पाठ 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
पाठ 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 4.05 | पृष्ठ १३

संबंधित प्रश्‍न

Ms. Saraswati was paid ₹ 88,000 as a commission on the sale of computers at the rate of 12.5%. If the price of each computer was ₹ 32,000, how many computers did she sell?


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.


Priya gets a salary of ₹ 15,000 per month and commission at 8% on the sales over ₹ 50,000. If she gets ₹ 17,400 in a certain month, find the sales made by her in that month.


The income of a broker remains unchanged though the rate of commission is increased from 4% to 5%. Find the percentage reduction in the value of the business.


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.


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


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


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 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.


A salesman is paid fixed monthly salary plus commission on the sales. If on sale of ₹ 96,000 and ₹ 1,08,000 in two successive months he receives in all ₹ 17,600 and ₹ 18,800 respectively, find his monthly salary and rate of commission paid to him.


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.


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 ______


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


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`


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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