wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A salesman gets a commission on total sales at 9%. If the sale is exceeded ₹100000 he gets an additional commission as a bonus of 3% on the excess of sales over ₹100000.
If his total sales for the month is ₹150000. What is the total commission that he gets for the month?

A
₹15000
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
₹15500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
₹16000
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
₹13500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A ₹15000

Rate of commission = 9%
Total Sales = ₹150000
Commission = 9% of 150000=9100×150000=13500
He gets an additional bonus of 3% on excess of sales over ₹100000.
Excess sales amount = ₹150000 - 100000 = ₹50000
Additional commission = 3% of 50000=3100×50000=1500

Total commission for the month = ₹13500 + ₹1500 = ₹15000


flag
Suggest Corrections
thumbs-up
3
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Finding Commission
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon