A salesman’s terms were changed from a flat commission of 5% on all his sales to a fixed salary of...

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. 4,000. If his remuneration as per new scheme was Rs. 600 more than that by the previous schema, his sales were worth?

Quiz

Answer/Solution

12000

Steps/Work

[1000 + (X-4000) * (2.5/100)] - X * (5/100) = 600
X = 12000
Answer:B