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Indian Economy - Understanding the basics of Indian economic system
A salesman's commission is 10% on all sales upto Rs. 15000 and 5% on all sales exceeding this. He remits Rs. 32550 to his parent company after deducting his commission. Find the total sales?
33006
33060
33360
33600
Let his total sales be Rs. x. Now, (total sales) - (commission) = Rs. 32550 x - [10% of 15000 + 5% of (x - 15000)] = 32550 x - [10/100 ×15000 + 5/100 (x - 15000) = 32550 x- 1500 - (x-15000)/20 = 32550 x - x/20 = 34800 19x/20 = 34800 x = 34800×19/20 x = Rs. 33060 Total sales = Rs. 33060
By: bhavesh kumar singh ProfileResourcesReport error
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