Tag: commission

Questions Related to commission

Sheela is a salesperson at designer shop. she earns $35\%$ commission on her total sales. What would be her commission if she sells $4720$ rupees product at the shop?

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. $1204$

  2. $1240$

  3. $1652$

  4. $1450$

Show answer
Correct Option: C
Explanation:

Commission $=$ Amount of sales $\times$ rate of commission
Rate of commission $= 35\% = 0.35$
Amount of sales $= 4720$ rupees
substitute the values, we get
Commission $= 4720 \times  0.35$
$= 1652$ rupees

Commission $=$ Amount of sales $\times$ ________

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. loss

  2. profit

  3. rate of commission

  4. percentage

Show answer
Correct Option: C
Explanation:

Commission $=$ Amount of sales $\times$ rate of commission.
Example: rate of commission is $20$ rupees for each $2$ sales, how much commission will you get for $10$ sales?
Commission $= 10 \times  20 = 200$ rupees.

__________ is an earnings based on a percentage of the total amount of sales.

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. percentage

  2. profit

  3. commission

  4. loss

Show answer
Correct Option: C
Explanation:

Commission is earnings based on a percentage of the total amount of sales.
Example: a commission could be $5\%$ of sales, or $100$ rupees for each sale.

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. 4000. if his remuneration as per the new scheme was Rs. 600 more than by the first scheme. What were his sales worth?

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. Rs. 8000

  2. Rs. 10,000

  3. Rs. 12,000

  4. Rs. 15,000

Show answer
Correct Option: C
Explanation:

Let his sales were worth Rs. "x"
So $[1000\, +\, 2.5 \%\, \times\, (x\, -\, 4000) ]\, -\, 5\, \% \times\, x\, =\, 600$


$1000\, +\, \displaystyle \frac{1}{40}\, (x\, -\, 4000)\, -\, \displaystyle \frac{5}{100}\, \times\, x\, =\, 600$

$1000\, +\, \displaystyle \frac{x}{40}\, -\, 100\, -\, \displaystyle \frac{5x}{100}\, =\, 600\times x$


$x = Rs. 12,000$ 

An agent gets a commission of $2.5 \%$ on the sales of cloth. If on a certain day, he gets $\text { Rs. } 12.50$ as commission, the cloth sold through him on that day is worth? 

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. $\text { Rs. } 250$

  2. $\text { Rs. } 500$

  3. $\text { Rs. } 750$

  4. $\text { Rs. } 1250$

Show answer
Correct Option: B
Explanation:
Let the cloth sold by the agent $= x$
Comission of sales of cloth $= 2.5\%$
Commission $=\ Rs 12.50$
According to the problem,
$2.5 \%\, of\, x =\ Rs 12.50$
$\dfrac{2.5}{100}\times x = 12.50$ 
$x =\dfrac{12.50\times 100}{2.5}$
$x =\dfrac{1250}{2.5}$
After cancellation we get,
$x =\ Rs. 500$

An auctioneer charges $8\%$ for selling a house. If the house is sold for $Rs. 2,30,500$. Find the charges of the auctioneer.

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. Rs. 19,500

  2. Rs. 18,440

  3. Rs. 16,220

  4. Rs. 22,660

Show answer
Correct Option: B
Explanation:

Charges of the auctioneer $ = 8 $ % of $ 2,30,500 = \cfrac {8}{100} \times 2,30,500 =18,440 $

Sudha gets salary of $Rs.1500$ per months and commission at $8$% on the sales over $Rs.10,000$.If she gets $Rs.4500$ in a certain month, find the sales made by her in that month.

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. Rs $37000$

  2. Rs $32500$

  3. Rs $37500$

  4. Rs $57500$

Show answer
Correct Option: C
Explanation:

Given that:

Sudha's commission $4500-1500=Rs.3000$
Sudha gets $Rs.800$ for the sales of $Rs.10,000$
$Rs.3000=\dfrac{15}{4}\times 800$

Hence,
The total sale $=\dfrac{15}{4}\times 10000=Rs.37500$

John is a salesman at a pizza hut. He earns $20\%$ commission on his total sales. What would be his commission, if he sold $1200$ rupees pizza?

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. $120$

  2. $240$

  3. $360$

  4. $250$

Show answer
Correct Option: B
Explanation:

Commission $=$ Amount of sales $\times$ Rate of commission
Rate of commission $= 20\% = 0.2$
Amount of sales $= 1200$ rupees
Substitute the values, we get
Commission $= 1200 \times  0.2$
$= 240$ rupees

Kumar works as a salesperson in a jewellery shop. He is paid for $25\%$ commission on his sales. He made $4$ sales for $24,500$ rupees. Calculate his commission.

business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. $6127$

  2. $6125$

  3. $6521$

  4. $6725$

Show answer
Correct Option: B
Explanation:

Commission $=$ Amount of sales $\times$ rate of commission
Rate of commission $= 25\% = 0.25$
Amount of sales $= 24,500$ rupees
substitute the values, we get
Commission $= 24,500 \times 0.25$
$= 6125$ rupees

Therefore, the commission paid by Kumar is Rs. $6125$.

At an electronics store Sara earns a 5% commission on her sales The table here shows her sales for four weeks What was Sara's total commission for these four weeks?
                               Sara's Sales 

Week      1      2     3     4
Sales Rs.1920 Rs.1680 Rs.3360 Rs.2640
business maths commission,brokerage and discount commission and rebate commission deductions from earnings

  1. Rs 12

  2. Rs 40

  3. Rs 120

  4. Rs 480

Show answer
Correct Option: D
Explanation:

Total sales for 4 weeks  $ = 1920+1680+3360+2640 = Rs.9600$

The commission that sara earns $ = \frac { 5 }{ 100 } (9600)= 480$