Answer :
Answer:
50,000
Step-by-step explanation:
Given that:
Sales on all goods up to 15000 = 6% commission
Sales exceeding 15000 = 5% commision
He remits Rs.47350 to his company after deducting his commission. What were his total sales
Let total sales = t
Commission will be in 2 folds ;
Sales up to 15000;
6% of 15000 = 0.06 * 15000 = 900
Sales above 15000;
5% of (t - 15000)
0.05 * (t - 15000) = 0.05t - 750
Total commision : 900 + 0.05t - 750
Total commision = 150 + 0.05t
Amount remitted = total sales - commission
47350 = t - (150 + 0.05t)
47350 = t - 150 - 0.05t
47350 = 0.95t - 150
47350 + 150 = 0.95t
47500 = 0.95t
47500 / 0.95 = 0.95t / 0.95
50000 = t
Hence, total earning, t, = 50000
Answer:
Rs.50,000
Step-by-step explanation:
Let the total sales be x
If a sales representative’s commission is 6% on all sales up to Rs 15000, then;
Commission = 6% of 15000
Commission = 6/100×15000
Commission = 6×150
Commission = Rs.900 on sales up to Rs. 15000.
Amount left unsold will be x - 15000
If there is 5% on all sales exceeding this, then the commission will be expressed as;
5% of (x-15000)
= 0.05(x-15000)
Total commission = 900+0.05(x-15000)
If the remits Rs47350 after deducting commission, then;
Total sales - commission = 47350
x - {900+0.05(x-15000)} = 47350
Open parenthesis
x - 900-0.05x+750 = 47350
x-0.05x-150 = 47350
x-0.05x = 47350+150
x-0.05x = 47500
0.95x = 47500
x = 47500/0.95
x = 50,000
Hence the total sales is Rs.50,000