Multiple Choice Questions on A Sales Executive gets a commission on total sales at 8 If the sale is exceeded Rs 10 000 he gets an........... for IBPS (PO/SO) Preparation

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    A Sales Executive gets a commission on total sales at 8%. If the sale is exceeded Rs.10,000 he gets an additional commission as a bonus of 4% on the excess of sales over Rs.10,000. If he gets the total commission of Rs.950, then the bonus he received is?

    45

    Incorrect Answer

    55

    Incorrect Answer

    60

    Incorrect Answer

    50

    Correct Answer
    Explanation:

    Commission up to 10000 = 10000 * 8/100 = 800 
    Ratio = 2x:x ; Commission = 2x, Bonus = x ; 
    Bonus = 950 – 800 * 1/3 = 150 * 1/3 = 50


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