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

    Question

    A salesman is allowed 24% commission on the total sales

    by him and a bonus of 1% on the sales over Rs. 25000. If the total earnings of a salesman is Rs. 11475, find the total sales.
    A 48,400 Correct Answer Incorrect Answer
    B 44,960 Correct Answer Incorrect Answer
    C 46,900 Correct Answer Incorrect Answer
    D 48,900 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the total sales be x According to the question x × 24/100 + (x - 25000) × 1/100 = 11,475 24x/100 + (x-25000)/100 = 11475 24x + x – 25000 = 11, 47,500 25x = 11, 72,500 x = 46,900

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