Advertisements
Advertisements
प्रश्न
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.
Advertisements
उत्तर
Three cars were sold by agent for ₹ 2,40,000,
₹ 2,22,000 and ₹ 2,25,000 respectively.
Rates of commission for first and second car were 17.5% and 12.5% respectively.
Overall commission received after sales of three cars is 14%.
∴ Total commission = 14% on Total Sales
`= 14/100 xx (2,40,000 + 2,22,000 + 2,25,000)`
`= 14/100 xx 6,87,000`
= ₹ 96180 .....(i)
Commission on first car = `2,40,000 xx 17.5/100` = ₹ 42000 ......(ii)
Commission on second car = `2,22,000 xx 12.5/100` = ₹ 27750 ....(iii)
Let rate of commission on third car be x%.
Commission on third car = `2,25,000 xx x/100` .....(iv)
Total commission = Commission on first car + Commission on second car + Commission on third car
∴ From (i), (ii), (iii) and (iv),
`96,180 = 42,000 + 27,750 + 2,25,000 xx x/100`
∴ `96,180 = 69,750 + 2,25,000 xx x/100`
∴ `2,25,000 xx x/100 = 96,180 - 69,750`
∴ `2,25,000 xx x/100 = 26,430`
∴ x = `(26,430 xx 100)/225000`
∴ x = 11.75%
∴ Rate of commission on third car is 11.75%.
APPEARS IN
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?
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.
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.
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.
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 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.
A certain sum due 3 months hence is `21/20` of the present worth, what is the rate of interest?
Choose the correct alternative.
An agent who is given the possession of goods to be sold is known as
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 ______.
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 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?
The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. Find the rate of interest.
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.
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 ______.
An agent who gives guarantee to his principal that the party will pay the sale price of goods is called ______
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
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
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.
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?
