HSC Commerce: Marketing and Salesmanship १२ वीं कक्षा - Maharashtra State Board Question Bank Solutions for Mathematics and Statistics

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 ______.

Choose the correct alternative:

The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount 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

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`

State whether the following statement is True or False:

Regression analysis is used for measuring the degree of the relationship between the variables

State whether the following statement is True or False: 

The variable used for predicting the response is called the independent variable

Dependent variables are also known as ______

Choose the correct alternative:

Price Index Number by using Weighted Aggregate Method is given by

Choose the correct alternative:

The formula P₀₁ = `(sum"p"_1"q"_0)/(sum"p"_0"q"_0) xx 100` is for

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Dorbish–Bowley’s Price Index Number is

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Walsh's Price Index Number is given by

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Fisher’s Price Index Number is

Fisher's Price Index Number is given by ______.

Marshall-Edgeworth's Price Index Number is given by ______