Question

A company provides commisssion to its agent at the following rate.

Answer 1

Answer:

A company provides commisssion to its agent at the following rate.

-0.5% in the sale upto Rs.15 lakh

-1% in the sale from 15 lakh to Rs.25 lakh

-1.5% in the sale from Rs.25 to Rs.40 lakh

-2% in the sale above Rs.40 lakh

calculate the amount of commission that can be obtained from the following sale amount by using the above rate of commission is 38 lakh