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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?
40
50
36
48
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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