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

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Sum

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.

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Solution

Salesman earns 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50000.

His total sales is ₹ 2,00,000.

∴ Commission on sales upto ₹ 50,000

`= 50000 xx 3/100` = ₹ 1500

Commission on sales over ₹ 50,000

`= (200000 - 50000) xx 4/100`

`= 150000 xx 4/100`

= ₹ 6000

Total commission = 1,500 + 6,000 = ₹ 7,500

∴ Total income on the sale of ₹ 2,00,000 is ₹ 7,500.

Concept: Commission and Brokerage Agent
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Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 1 Commission, Brokerage and Discount
Exercise 1.1 | Q 2 | Page 5
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