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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. - Mathematics and Statistics

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Question

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.

Sum

Solution

Salesman gets commission of 6.5% on total sales and 1% on sales over ₹ 50,000.

Salesman has made sales of ₹ 75,000.

Normal commission earned = 6.5% on total sales

`= 6.5/100 xx 75,000`

= 4,875

Bonus = 1% on sales over 50,000

= 1% (75,000 – 50,000)

`= 1/100 xx 25,000`

= 250

Total income earned = 4,875 + 250 = ₹ 5,125

∴ Total income of the salesman is ₹ 5,125.

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Commission and Brokerage Agent
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Chapter 1: Commission, Brokerage and Discount - Miscellaneous Exercise 1 [Page 12]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 4.01 | Page 12

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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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