Bond Bird
11/30/2023 · Primary School

The monthly salary of a salesperson is Rs, 35,000 . Commission of 2,50 is provided if the sales is more han Rs. \( 2,50,000 \) per month. \( (1+2+1) \) Write the formula to calculate the commission rate. Calculate the commission if the sales of the month is Rs. \( 6,50,000 \). What is his total income of the month?

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Step-by-step Solution

Given: - Monthly salary of the salesperson = Rs. 35,000 - Commission rate = 2.5% if sales are more than Rs. 2,50,000 per month To calculate the commission rate, we can use the formula: \[ \text{Commission Rate} = \frac{\text{Commission Amount}}{\text{Sales Amount}} \times 100 \] Given that the commission rate is 2.5%, we can calculate the commission amount for sales of Rs. 6,50,000: \[ \text{Commission Amount} = \text{Sales Amount} \times \text{Commission Rate} \] Finally, the total income of the month can be calculated by adding the monthly salary and the commission amount. Let's calculate the commission amount and the total income of the month. Calculate the value by following steps: - step0: Calculate: \(650000\times 0.025\) - step1: Multiply the numbers: \(16250\) The commission amount for sales of Rs. 6,50,000 is Rs. 16,250. Now, let's calculate the total income of the month by adding the monthly salary and the commission amount. Calculate the value by following steps: - step0: Calculate: \(35000+16250\) - step1: Add the numbers: \(51250\) The total income of the month for the salesperson is Rs. 51,250.

Quick Answer

The commission rate formula is: \( \text{Commission Rate} = \frac{\text{Commission Amount}}{\text{Sales Amount}} \times 100 \). For Rs. 6,50,000 in sales, the commission is Rs. 16,250. The total income is Rs. 51,250.
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