A wholesaler gets 1.5% commision on the total annual sales and a bonus of 2% on the sales above Rs. 20,00,000. If, in a particul

Question

2 years ago

10

ar yearm the wholesaler recieved as bonus and commision the sum of Rs. 65000 in all, find the total sales of the year.

1 answer:

Eva8 [605] · Answer 1 · 2023-10-22T02:02:02+03:00

The total sales of the year after is Rs. 1857143

<h3 /><h3>How to find the total sales after commission?</h3>

He gets 1.5% commission on the total annual sales and a bonus of 2% on the sales above Rs. 20,00,000.

Therefore, since he received a bonus, the sale is over Rs. 20,000.

Hence,

let

x = total sales

Therefore,

1.5% of x + 2% of x = 65000

1.5 / 100 × x + 2 / 100 × x = 65000

0.015x +0.02x = 65000

0.035x = 65000

x = 65000 / 0.035

x = 1857142.85714

Therefore,

total sales = Rs. 1857143

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