Tag: commission

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Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

Sheela is a salesperson at designer shop. she earns $35\%$ commission on her total sales. What would be her commission if she sells $4720$ rupees product at the shop?

  1. $1204$
  2. $1240$
  3. $1652$
  4. $1450$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Commission $=$ Amount of sales $\times$ rate of commission
Rate of commission $= 35\% = 0.35$
Amount of sales $= 4720$ rupees
substitute the values, we get
Commission $= 4720 \times  0.35$
$= 1652$ rupees

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

Commission $=$ Amount of sales $\times$ ________

  1. loss

  2. profit

  3. rate of commission

  4. percentage
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Commission $=$ Amount of sales $\times$ rate of commission.
Example: rate of commission is $20$ rupees for each $2$ sales, how much commission will you get for $10$ sales?
Commission $= 10 \times  20 = 200$ rupees.

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

A salesman's terms were changed from a flat commission of 5 % on all his sales to a fixed salary of Rs. 1000 plus 2.5 % commission on all sales exceeding Rs. 4000. if his remuneration as per the new scheme was Rs. 600 more than by the first scheme. What were his sales worth?

  1. Rs. 8000

  2. Rs. 10,000

  3. Rs. 12,000

  4. Rs. 15,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let his sales were worth Rs. "x"
So $[1000\, +\, 2.5 \%\, \times\, (x\, -\, 4000) ]\, -\, 5\, \% \times\, x\, =\, 600$


$1000\, +\, \displaystyle \frac{1}{40}\, (x\, -\, 4000)\, -\, \displaystyle \frac{5}{100}\, \times\, x\, =\, 600$

$1000\, +\, \displaystyle \frac{x}{40}\, -\, 100\, -\, \displaystyle \frac{5x}{100}\, =\, 600\times x$


$x = Rs. 12,000$ 

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

An agent gets a commission of $2.5 \%$ on the sales of cloth. If on a certain day, he gets $\text { Rs. } 12.50$ as commission, the cloth sold through him on that day is worth? 

  1. $\text { Rs. } 250$
  2. $\text { Rs. } 500$
  3. $\text { Rs. } 750$
  4. $\text { Rs. } 1250$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation
Let the cloth sold by the agent $= x$
Comission of sales of cloth $= 2.5\%$
Commission $=\ Rs 12.50$
According to the problem,
$2.5 \%\, of\, x =\ Rs 12.50$
$\dfrac{2.5}{100}\times x = 12.50$ 
$x =\dfrac{12.50\times 100}{2.5}$
$x =\dfrac{1250}{2.5}$
After cancellation we get,
$x =\ Rs. 500$

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

Sudha gets salary of $Rs.1500$ per months and commission at $8$% on the sales over $Rs.10,000$.If she gets $Rs.4500$ in a certain month, find the sales made by her in that month.

  1. Rs $37000$
  2. Rs $32500$
  3. Rs $37500$
  4. Rs $57500$
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Given that:

Sudha's commission $4500-1500=Rs.3000$
Sudha gets $Rs.800$ for the sales of $Rs.10,000$
$Rs.3000=\dfrac{15}{4}\times 800$

Hence,
The total sale $=\dfrac{15}{4}\times 10000=Rs.37500$

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

John is a salesman at a pizza hut. He earns $20\%$ commission on his total sales. What would be his commission, if he sold $1200$ rupees pizza?

  1. $120$
  2. $240$
  3. $360$
  4. $250$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Commission $=$ Amount of sales $\times$ Rate of commission
Rate of commission $= 20\% = 0.2$
Amount of sales $= 1200$ rupees
Substitute the values, we get
Commission $= 1200 \times  0.2$
$= 240$ rupees

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

Kumar works as a salesperson in a jewellery shop. He is paid for $25\%$ commission on his sales. He made $4$ sales for $24,500$ rupees. Calculate his commission.

  1. $6127$
  2. $6125$
  3. $6521$
  4. $6725$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Commission $=$ Amount of sales $\times$ rate of commission
Rate of commission $= 25\% = 0.25$
Amount of sales $= 24,500$ rupees
substitute the values, we get
Commission $= 24,500 \times 0.25$
$= 6125$ rupees

Therefore, the commission paid by Kumar is Rs. $6125$.

Multiple choice business maths commission,brokerage and discount commission and rebate commission deductions from earnings

At an electronics store Sara earns a 5% commission on her sales The table here shows her sales for four weeks What was Sara's total commission for these four weeks?
                               Sara's Sales 

Week      1      2     3     4
Sales Rs.1920 Rs.1680 Rs.3360 Rs.2640

  1. Rs 12

  2. Rs 40

  3. Rs 120

  4. Rs 480
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total sales for 4 weeks  $ = 1920+1680+3360+2640 = Rs.9600$

The commission that sara earns $ = \frac { 5 }{ 100 } (9600)= 480$