A small Scale Industry gives 9% commission and 5% del-credere to his agent. If the agent sells the goods of Rs. 95,000, find the total earning of the agent.
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Solution
Cost of goods sold by the agent = Rs. 95,000. The agent is to be given a total commission =9%+5%=14% Then, 14% commission on total sale =14100×95000 = Rs. 13,300