Maharashtra State BoardHSC Commerce 12th Board Exam
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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? - Mathematics and Statistics

Sum

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?

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Solution

Merchant gives 5% commission and 1.5% del credere commission.

Goods sold by agent = ₹ 30,600

∴ Commission earned = Rate of commission × Goods sold

= 5% × 30,600

= ₹ 1,530

Delcredere commission earned = 1.5% × 30,600

= ₹ 459

∴  Total commission earned by agent

= ₹ 1,530 + 4,59

= ₹ 1,989

∴ Amount received by Merchant

= Goods sold – Commission given

= 30,600 – 1,989

= ₹ 28,611

∴ Commission given to the agent is ₹ 1,989 and merchant will receive ₹ 28,611 after deducting commission.

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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Miscellaneous Exercise 1 | Q 4.03 | Page 13
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