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

    Question

    A company allowed 16% commission on the total sales

    made by the salesman and a bonus of 1% on the sales over Rs.25000. If the salesman deposited Rs. 66650 in the company after deducting his earnings from the total sales made by him. Find the total sales?
    A Rs. 60000 Correct Answer Incorrect Answer
    B Rs. 80000 Correct Answer Incorrect Answer
    C Rs. 92000 Correct Answer Incorrect Answer
    D Rs. 108000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the total sales be Rs. x Earning =    x × 16% + (x-25000) × 1/100                                    = 16x/100+  x/100- 250 = 17x/100- 250  Now, According to the question Total Sales – Earning = 66650 x- (17x/100- 250) = 66650 x-  17x/100+ 250 = 66650 83x/100 = 66400 x= 80000              

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