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A merchant pays 12% commission on total sales and pays delcredre at a rate of 3% on credit sales.If cash sales were Rs 6000 and the agent earned Rs 1520 as commission, find the total sales? |
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Answer» Answer: 5400 Step-by-step explanation: Cost of goods sold by the agent = RS. 45,000. The agent is to be given a TOTAL commission =9%+3%=12%, then 12% commission on total SALE = 100 12 ×45000 = Rs. 5400 Thus, the total earning of the agent is Rs. 5400. |
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