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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. - Mathematics and Statistics

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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.

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उत्तर

Let the cash sales made by agent be x

Total sales of agent is ₹ 1,02,000

∴ Credit sales = 1,02,000 – x

Rate of commission on cash sales = 7%

Rate of commission on credit sales = 5%

∴ Total commission earned = Commission on cash sales + Commission on credit sales

∴ 6420 = `x xx 7/100 + (102000 - x) xx 5/100`

∴ `6420 = (7x)/100 + (510000 - 5x)/100`

∴ `6420 = (7x  +  510000  -  5x)/100`

∴ `6420 xx 100` = 2x + 510000

∴ 642000 = 2x + 510000

∴ 2x = 642000 - 510000

∴ 2x = 132000

∴ x = 66000

∴ Cash sales = ₹ 66000

Credit sales = 102000 - x

= 102000 - 66000

= ₹ 36000

∴ Cash sales made by agent is ₹ 66,000 and credit sales is ₹ 36,000.

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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] Standard 12 Maharashtra State Board
अध्याय 1 Commission, Brokerage and Discount
Exercise 1.1 | Q 9 | पृष्ठ ५

संबंधित प्रश्न

An agent charges 12% commission on the sales. What does he earn if the total sale amounts to ₹ 48,000? What does the seller get?


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


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.


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.


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


A retailer sold a suit for ₹ 8,832 after allowing 8% discount on marked price and further 4% cash discount. If he made 38% profit, find the cost price and the marked price of the suit.


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


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


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


The payment date after adding 3 days of grace period is known as ______.


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.


A merchant gives 5% commission and 1.5% del credere to his agent. If the agent sells goods worth ₹ 30,600 how much does he get? How much does the merchant receive?


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


The buyer is legally allowed ______ days grace period


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


Ananya gets 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


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`


An agent places insurance for ₹ 4,00,000 on life of a person. The premium is to be paid annually at the rate of ₹ 35 per thousand per annum. Find the agent’s commission at 15% on the premium.


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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