Question 149

A marketing agent earns a commission of 2% on first ₹ 2,00,000. 1.5% on next ₹ 2,00,000 and 1% on the remaining amount of sales made in a month, Ifthe sales achieved by the agent for the month of April 2018 are ₹ 5,68,000, the commission earned is:

Solution

Sales made in month of April

$$=568000-200000-200000=168000.$$

So, first commission earned

$$=200000\times 0.02=4000.$$

second commission earned

$$200000\times 0.015=3000.$$

and third commission earned

$$168000\times 0.01=1680$$

Total comission earned

$$4000+3000+1680=8680.$$

So, Option A is correct.

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