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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Mathematics and Statistics

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Mathematics and Statistics
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The date on which the period of the bill expires is called

[9] Commission, Brokerage and Discount
Chapter: [9] Commission, Brokerage and Discount
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The payment date after adding 3 days of grace period is known as ______.

[9] Commission, Brokerage and Discount
Chapter: [9] Commission, Brokerage and Discount
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Fill in the Blank.

A _______ is an agent who brings together the buyer and the seller.

[9] Commission, Brokerage and Discount
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Broker is an agent who gives a guarantee to seller that the buyer will pay the sale price of goods.

[9] Commission, Brokerage and Discount
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State whether the following statement is True or False.

The buyer is legally allowed 6 days grace period.

[9] Commission, Brokerage and Discount
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A salesman gets a commission of 6.5% on the total sales made by him and bonus of 1% on sales ₹ 50,000. Find his total income on a turnover of ₹ 75,000.

[9] Commission, Brokerage and Discount
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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?

[9] Commission, Brokerage and Discount
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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

[9] Commission, Brokerage and Discount
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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.

[9] Commission, Brokerage and Discount
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The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. Find the rate of interest.

[9] Commission, Brokerage and Discount
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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.

[9] Commission, Brokerage and Discount
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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.

[9] Commission, Brokerage and Discount
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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.

[9] Commission, Brokerage and Discount
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Choose the correct alternative:

Regression analysis is the theory of

[11] Linear Regression
Chapter: [11] Linear Regression
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Choose the correct alternative:

We can estimate the value of one variable with the help of other known variable only if they are

[11] Linear Regression
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Choose the correct alternative.

In the regression equation of Y on X

[11] Linear Regression
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Choose the correct alternative:

In the regression equation of X on Y

[11] Linear Regression
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Choose the correct alternative.

bXY is _____

[11] Linear Regression
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Choose the correct alternative.

‘r’ is __________.

[11] Linear Regression
Chapter: [11] Linear Regression
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Choose the correct alternative.

bXY .bYX is _________.

[11] Linear Regression
Chapter: [11] Linear Regression
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