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
Who has been appointed Vice President, Investment Solutions at the Asian Infrastructure Investment Bank (AIIB)?
WPI Inflation Index is released by?
Which Indian state became the first to install 'pink alarms' in a government hospital for women’s safety?
Who were invited as "special guests" to witness the Republic Day Parade, 2024, and under which scheme?
What was the significant decision adopted during COP28, marking the first instance in the three decades of COP's existence?
The International Monetary Fund (IMF) recently released an Artificial Intelligence Preparedness Index (AIPI) Dashboard. Which country topped the index?
Which country is hosting the 20th Asian Women’s Handball Championship in December 2024?
What are electoral bonds?
The Reserve Bank of India (RBI) has imposed a monetary penalty of ______ on the Hongkong and Shanghai Banking Corporation (HSBC) for violating the Credi...
Which state has been declared India’s first fully literate state?