New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A Sales Executive gets a commission on total sales at

    8%. If the sale is exceeded Rs.10,000 he gets an additional commission as a bonus of 4% on the excess of sales over Rs.10,000. If he gets the total commission of Rs.950, then the bonus he received is?
    A 50 Correct Answer Incorrect Answer
    B 45 Correct Answer Incorrect Answer
    C 60 Correct Answer Incorrect Answer
    D 130 Correct Answer Incorrect Answer

    Solution

    Commission up to 10000 = 10000 x (8/100) = 800 Ratio = 2x : x , Commission = 2x, Bonus = x ; Bonus = (950 – 800) x 1/3 = 150 x (1/3) = 50

    Practice Next