Peter makes ₹12000 a month plus some money by commission rates. He gets 6% commision on the items that he sells. If Peter sold 55000 worth of items this month, what is his salary for the month?
15300
Rate of commission = 6%
Price of items sold = ₹55000
So, commission for the month = 6% of 55000 = 6100×55000 = ₹3300.
Fixed income = ₹12000
Therefore, the salary for the month = ₹12000 + ₹3300 = ₹15300