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A company pays its employees Rs. 20000 as basic pay, 10% of every penny more than Rs. 100000 they bring in as sales as commission and 20% of every penny more than Rs. 300000 sales as bonus. An employee working there brought in sales of Rs. 250000, Rs. 500000, Rs. 100000 and Rs. 70000 for four months. If he brought 20% more sales every month, what will be the percentage increase in the total salary?1. 152. 163. 184. 205. 21 |
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Answer» Correct Answer - Option 4 : 20 Salary received as basic pay = 4 × 20000 = Rs. 80000 For month - I Salary received as commission in original case = 10/100 × (250000 – 100000) = Rs 15000 Salary received as bonus in original case = 0 Total salary except basic = Rs. 15000 When 20% more sales, Sales = 120/100 × 250000 = 300000 Salary received as commission = 10/100 × (300000 – 100000) = 20000 Salary received as bonus = 0 Total salary except basic = Rs. 20000 For month - II Salary received as commission in original case = 10/100 × (500000 – 100000) = Rs. 40000 Salary received as bonus in original case = 20/100 × (500000 – 300000) = Rs. 40000 Total salary except basic = Rs. 80000 When 20% more sales, Sales = 120/100 × 500000 = 600000 Salary received as commission = 10/100 × (600000 – 100000) = 50000 Salary received as bonus = 20/100 × (600000 – 300000) = Rs. 60000 Total salary except basic = Rs. 110000 For month - III Salary received as commission in original case = 0 Salary received as bonus in original case = 0 Total salary except basic = Rs. 0 When 20% more sales, Sales = 120/100 × 100000 = 120000 Salary received as commission = 10/100 × (120000 – 100000) = 2000 Salary received as bonus = 0 Total salary except basic = Rs. 2000 For month - IV Salary received as commission in original case = 0 Salary received as bonus in original case = 0 Total salary except basic = Rs. 0 When 20% more sales, Sales = 120/100 × 70000 = 84000 Salary received as commission in original case = 0 Salary received as bonus in original case = 0 Total salary except basic = Rs. 0 Total salary originally = Rs. 80000 + Rs. 15000 + Rs. 80000 = Rs. 175000 Total salary if 20% more sales = Rs. 80000 + Rs. 20000 + Rs. 110000 = Rs. 210000 % increase in salary = (210000 – 175000) /175000 × 100 ⇒ 20% |
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