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Question

An agent gets a commission of 2.5% on the sales of cloth. If on a certain day, he gets Rs. 12.50 as commission, the cloth sold through him on that day is worth?

A
Rs. 250
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B
Rs. 500
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C
Rs. 750
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D
Rs. 1250
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Solution

The correct option is C Rs. 500
Let the cloth sold by the agent =x
Comission of sales of cloth =2.5%
Commission = Rs12.50
According to the problem,
2.5%ofx= Rs12.50
2.5100×x=12.50
x=12.50×1002.5
x=12502.5
After cancellation we get,
x= Rs.500


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