Question
A Sales Executive gets a commission on total sales at
10%. If the sale is exceeded Rs.15,000 he gets an additional commission as a bonus of 5% on the excess of sales over Rs.15,000. If he gets the total commission of Rs.1650, then the bonus he received is?Solution
Commission up to 15000 = 15000 x (10/100) = 1500 Ratio = 2x: x, Commission = 2x, Bonus = x Bonus = (1650 – 1500) x 1/3 = 150 x (1/3) = 50
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