CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Select Date
Tags:

Articles

Discussions
Submit Discussion
Prem

· started a discussion

· 1 Months ago

maths (Question:959704.0)

why add 10000 in required sales

Question:

A salesman is appointed on the basic salary of Rs. 1,200 per month and the condition that for every sales of above Rs. 10,000, he will get 50% of basic salary and 10% of the sales as a reward. This incentive scheme does not operate for the first Rs. 10,000 of sales. What should be the value of sales if he wants to earn Rs. 7,600 in particular month? 

Options:
A)

    Rs. 60,000

B)

    Rs. 50,000

C)

    Rs. 40,000

D)

    Data Inadequate 

Solution:

    Bonus  for each 10000 sales

    = (50% of salary=600) +(10% of total sales =1000)

    =1600

          7600-1200=6400 bonus 

    

    So, required sales 

    = 10000 + 4 × 10000 = Rs. 50000

Knowledge Expert

· commented

· 1 Months ago

Dear student,
according to question asking total sales in a month. mention is question 1st 10000 not added to salesman. but its sales amount. thats why we add.

Regards
Team TR
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions