Subject
Quantitative Aptitude
Topic
Percentage
A salesman is appointed on the basic salary of Rs. 1200 per month and the condition that for every sales of Rs. 10,000 above Rs. 10,000, he will get 50% of basic salary and 10% of the sales as a reward. This incentive scheme does not operate for the first Rs. 10000 of sales. What should be the value of sales if he wants to earn Rs. 7600 in a particular month?
A salesman is appointed on the basic salary of Rs. 1200 per month and the condition that for every sales of Rs. 10,000 above Rs. 10,000, he will get 50% of basic salary and 10% of the sales as a reward. This incentive scheme does not operate for the first Rs. 10000 of sales. What should be the value of sales if he wants to earn Rs. 7600 in a particular month?
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Rs. 60,000খ)
Rs. 50,000গ)
Rs. 40,000ঘ)
None of theseঙ)
Rs. 70000Explanation
Let ‘x’ is the number of Rs. 10000 sales he achieves over the initial Rs. 10000. For every Rs. 10000 sale he gets 50% of basic salary and 10% of the sales as a reward. i.e. So, for every Rs. 10000 over the initial Rs. 10000, he will get Rs. 1600 extra. ∴ For ‘x’ number of extra sales of Rs. 10000 each, He will get Rs. 1600x. ∴ His total income = His basic salary + extra income = 1200 + 1600x Given that, He wants to earn = Rs. 7600 ⇒ 1200 + 1600x = 7600 ⇒ x = 4 ∴ 4 sales of Rs. 10000 he achieves over the initial Rs. 10000. i.e. total sale = 10000 + 10000 × 4 = Rs. 50000Related questions
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