An agent is allowed 5 percent general commission and 2 Percent del-credere commission. His cash and credit sales were rs 1000 and rs 2000 respectively. How much commission will he get?
To calculate the commission the agent will receive, you need to first calculate the total amount of cash and credit sales by adding the two amounts: 1000 + 2000 = 3000.
Next, you need to calculate the commission the agent will receive on the cash sales by multiplying the cash sales by the commission rate: 1000 x 5% = 50.
Then, you need to calculate the commission the agent will receive on the credit sales by multiplying the credit sales by the commission rate: 2000 x 2% = 40.
Finally, you can add the two amounts of commission to get the total commission the agent will receive: 50 + 40 = 90.
Answers & Comments
To calculate the commission the agent will receive, you need to first calculate the total amount of cash and credit sales by adding the two amounts: 1000 + 2000 = 3000.
Next, you need to calculate the commission the agent will receive on the cash sales by multiplying the cash sales by the commission rate: 1000 x 5% = 50.
Then, you need to calculate the commission the agent will receive on the credit sales by multiplying the credit sales by the commission rate: 2000 x 2% = 40.
Finally, you can add the two amounts of commission to get the total commission the agent will receive: 50 + 40 = 90.