New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    A salesman’s terms were changed from a flat

    commission of 9% on all his sales to a fixed salary of Rs. 4000 plus 4% commission on all sales exceeding Rs. 15000. If his remuneration as per the new scheme was Rs. 1000 more than by the first scheme, what were his sales worth?
    A Rs. 42000 Correct Answer Incorrect Answer
    B Rs. 66000 Correct Answer Incorrect Answer
    C Rs. 48000 Correct Answer Incorrect Answer
    D Rs. 61000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let his total sales be ‘x’. Then, 4000 + (x - 15000) * 4/100 = 9x/100 + 1000 => 400000 + 4x – 60000 = 9x + 100000 => 5x = 240000 => x = 48000

    Practice Next