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Anita is allowed 6.5% commission on the total sales made by her, plus a bonus of 12% on the sale over ₹ 20,000. If her total commission amounts to ₹ 3,400, find the sales made by her. - Mathematics and Statistics

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Question

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.

Sum

Solution

Let total sales made by Anita be ‘x’.

Rate of commission on total sales is 6.5%.

Commission earned = Total sales × Rate of commission

`= "x" xx 6.5/100 = (6.5 "x")/100`

Sales above ₹ 20,000 = (x – 20,000)

On sales above ₹ 20,000, she gets `1/2`% bonus.

∴ Commission earned = `("x" - 20000) xx 0.5/100`

`= (0.5"x" -10000)/100`

Total commission earned is ₹ 3,400.

Total commission = Commission on total sales + Bonus on sales

∴ `3400 = (6.5"x")/100 + (0.5"x" - 10000)/100`

∴ `3400 = (6.5"x" + 0.5"x" - 10000)/100`

∴ 340000 = 7x - 10000

∴ 340000 + 10000 = 7x

∴ 350000 = 7x

∴ x = 50000

∴ Total sales made by Anita is ₹ 50,000.

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Commission and Brokerage Agent
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Chapter 1: Commission, Brokerage and Discount - Exercise 1.1 [Page 5]

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Balbharati Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Exercise 1.1 | Q 4 | Page 5

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