Question

Use the given information and write the proper figures in the blank spaces.

No.	Product sold by the agent	Rate	Total value (Rs)	Rate of commission%	Total Commission	Amount received by farmer
(1)	Bundles of fenugreek 500	Rs 400 per hundred	.......	2%	.......	.......
(2)	Grape cartons 120	Rs 70 per carton	.......	3%	.......	.......
(3)	Onion 21 quintals	Rs 180 per quintal	.......	2.5%	.......	.......
(4)	Wheat 30 quintals	Rs 850 per quintal	.......	1.5%	.......	.......
(5)	Pomegranate 16 quintals	Rs 1450 per quintal	.......	4%	.......	.......

Answer 1

(1) Number of bundles of fenugreek = 500
Price per 100 bundles of fenugreek = Rs 400
Price per 1 bundle of fenugreek = Rs $\frac{400}{100}$ = Rs 4
Total value = Number of bundles of fenugreek × Price of each bundle of fenugreek
= 500 × 4 = Rs 2000
Commission charged by agent = 2%
Total commission = 2% of 2000
$$\begin{gathered} =2000\times \frac{2}{100} \\ =\mathrm{Rs}40 \end{gathered}$$

Amount received after commission = Total value − Total commission = 2000 − 40 = Rs 1960
∴ Total value = Rs 2000
Commission charged on 500 bundles by the agent is Rs 40.
Amount received after commission = Rs 1960

(2) Number of grape cartons = 120
Price of each grape carton = Rs 70
Total value = Number of grape cartons × Price of each grape carton = 120 × 70 = Rs 8400
Commission charged by agent = 3%
Total commission = 3% of 8400
$$\begin{gathered} =8400\times \frac{3}{100} \\ =\mathrm{Rs}252 \end{gathered}$$

Amount received after commission = Total value − Total commission = Rs 8400 − Rs 252 = Rs 8148
∴ Total value = Rs 8400
Commission charged on grape cartons by the agent is Rs 252.
Amount received after commission = Rs 8148

(3) Number of quintals of onion = 21
Price of each quintal = Rs 180
Total value = Number of quintals of onion × Price of each quintal
= 21 × 180= Rs 3780
Commission charged by dealer = 2.5%
Total commission = 2.5% of 3780
$$\begin{gathered} =3780\times \frac{2.5}{100} \\ =3780\times \frac{25}{1000} \\ =\mathrm{Rs}94.50 \end{gathered}$$

Amount received after commission = Total value − Total commission = Rs 3780 − Rs 94.50 = Rs 3685.50
∴ Total value = Rs 3780
Commission charged on quintals of onion by the agent is Rs 94.50.
Amount received after commission = Rs 3685.50

(4) Number of quintals of wheat = 30
Price of each quintal = Rs 850
Total value = Number of quintals of wheat × Price of each quintal
= 30× 850= Rs 25500
Commission charged by dealer = 1.5%
Total commission = 1.5% of 25500
$$\begin{gathered} =25500\times \frac{1.5}{100} \\ =25500\times \frac{15}{1000} \\ =\mathrm{Rs}382.50 \end{gathered}$$

Amount received after commission = Total value − Total commission = Rs 25500 − Rs 382.50 = Rs 25117.50
∴ Total value = Rs 25500
Commission charged on quintals of wheat by the agent is Rs 382.50 .
Amount received after commission = Rs 25117.50

(5) Number of quintals of pomegranate = 16
Price of each quintal = Rs 1450
Total value = Number of quintals of pomegranate × Price of each quintal
= 16× 1450 = Rs 23200
Commission charged by dealer = 4%
Total commission = 4% of 23200
$$\begin{gathered} =23200\times \frac{4}{100} \\ =\mathrm{Rs}928 \end{gathered}$$

Amount received after commission = Total value − Total commission = Rs 23200 − Rs 928 = Rs 22272
∴ Total value = Rs 23200
Commission charged on quintals of pomegranate by the agent is Rs 928.
Amount received after commission = Rs 22272