Question

The price of a T.V. set is Rs 17,000. An agent charges at 3% and earns Rs. 25,500. Find the number of T.V. sets sold by him. 

Answer 1

Price of the T.V. set = Rs.17,000

Rate of commission = 3%

∴ Commission for the T.V. set = Rs. 17000 x

`3/100 = "Rs"  510`

Total ·commission earned = Rs.25.500.

∴ Total number of T.V. sets sold = `25500/510 = 50`

∴  50 T.V. sets were sold.