Question
An employee earns a fixed salary and an additional
commission of 10% of his fixed salary. The commission received by the employee is Rs. 2500. If he spent 80% of his total income (salary + commission), how much did he save?Solution
ATQ, Let the fixed salary of the employee be Rs. x. Therefore, commission received = Rs. 0.10x. According to the question, 0.10x = 2500, x = 2500 / 0.10 = Rs. 25000. Total income = salary + commission = Rs. 25000 + Rs. 2500 = Rs. 27500. Savings = 0.20 Ă— 27500 = Rs.5500
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