Problem: A sales person is paid an annual salary of Tk. 60000. He is also paid 5% commission on the amount of sales he makes. Calculate the following:
(a) His total earnings (income) in a year in which he sells Tk. 75000.
(b) The amount of sales in a year in which he earns Tk. 75000.
(a) His total earnings (income) in a year in which he sells Tk. 75000.
(b) The amount of sales in a year in which he earns Tk. 75000.
View all: NATIONAL BANK | OFFICER | RECRUITMENT QUESTION(MATH) SOLVE | 1997
Correct Answer: (a) TK 63750
(b) TK 300000
Explanation:
For question no (a),
At 5% commission on sales,
Tk. 100 Makes commission = Tk. 5
Tk. 75,000 Makes commission = Tk. $\frac{5\cdot75000}{100}$
= Tk. 3750
For question no (b),
His total eaming = 60,000 + 3.750 = 63,750 Tk.
His commission = 75,000 — 60,000 = Tk. l5,000
Tk. 5 commission comes from = Tk. 100
Tk. 15,000 commission comes from = Tk. $\frac{100\cdot15000}{5}$
= Tk. 3,00,000
