Question
A Sales Executive gets a commission on total sales at
6%. If the sale is exceeded Rs.18,000 he gets an additional commission as a bonus of 3% on the excess of sales over Rs.18,000. If he gets the total commission of Rs.1260, then the bonus he received is?Solution
Commission up to 18000 = 18000 x (6/100) = 1080 Ratio = 2x : x , Commission = 2x, Bonus = x ; Bonus = (1260 – 1080) x 1/3 = 180 x (1/3) = 60
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