Question:
A salesman's terms were changed from a flat commission of 5% on all his sales to a fixed salary of Rs. 1,000 plus 2.5% commission on all sales exceeding Rs. 4,000. If his remuneration, according to the new scheme, wasRs. 600 more than by the first scheme, what was his sales worth?
A salesman's terms were changed from a flat commission of 5% on all his sales to a fixed salary of Rs. 1,000 plus 2.5% commission on all sales exceeding Rs. 4,000. If his remuneration, according to the new scheme, wasRs. 600 more than by the first scheme, what was his sales worth?
Updated On: Oct 9, 2024
- Rs. 6,000
- Rs. 8,000
- Rs. 12,000
- Rs. 16,000
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The Correct Option is C
Solution and Explanation
The correct option is (C): Rs. 12,000
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