Advertisements
Advertisements
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.
Advertisements
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.
APPEARS IN
संबंधित प्रश्न
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.
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.
The income of a broker remains unchanged though the rate of commission is increased from 4% to 5%. Find the percentage reduction in the value of the business.
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.
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.
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 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
After deducting commission at `7 1/2`% on first
₹ 50,000 and 5% on balance of sales made by him, an agent remits ₹ 93,750 to his principal. Find the value of goods sold by him.
The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. Find the rate of interest.
A salesman is paid fixed monthly salary plus commission on the sales. If on sale of ₹ 96,000 and ₹ 1,08,000 in two successive months he receives in all ₹ 17,600 and ₹ 18,800 respectively, find his monthly salary and rate of commission paid to him.
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 is paid a commission of 4% on cash sales and 6% on credit sales made by him. If on the sale of ₹ 51,000 the agent claims a total commission of ₹ 2,700, find the sales made by him for cash and on credit.
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
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 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?
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%.
