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A salesman is allowed 5(1)/(2)% commisio...

A salesman is allowed `5(1)/(2)%` commision on the total sales made by him plus a bonus of `(1)/(2)%` on sales over Rs. 10,000. If his total earnings were Rs. 1,990, his total sales (in Rs.) was

A

30000

B

32000

C

34000

D

35000

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first define the variables and then set up the equations based on the information given in the question. ### Step 1: Define the variables Let \( X \) be the total sales made by the salesman. ### Step 2: Calculate the commission and bonus The salesman earns a commission of \( 5.5\% \) on his total sales \( X \). This can be expressed as: \[ \text{Commission} = \frac{5.5}{100} \times X = 0.055X \] Additionally, he earns a bonus of \( 0.5\% \) on sales over Rs. 10,000. If \( X \) is greater than Rs. 10,000, the bonus can be calculated as: \[ \text{Bonus} = \frac{0.5}{100} \times (X - 10000) = 0.005(X - 10000) \] ### Step 3: Set up the equation for total earnings The total earnings of the salesman are given as Rs. 1,990. Therefore, we can set up the following equation: \[ \text{Total Earnings} = \text{Commission} + \text{Bonus} \] Substituting the expressions for commission and bonus, we get: \[ 1990 = 0.055X + 0.005(X - 10000) \] ### Step 4: Simplify the equation Now, we will simplify the equation: \[ 1990 = 0.055X + 0.005X - 0.05 \times 10000 \] Calculating \( 0.05 \times 10000 \): \[ 0.05 \times 10000 = 500 \] Thus, the equation becomes: \[ 1990 = 0.055X + 0.005X - 500 \] Combining like terms: \[ 1990 + 500 = 0.055X + 0.005X \] \[ 2490 = 0.06X \] ### Step 5: Solve for \( X \) Now, we can solve for \( X \): \[ X = \frac{2490}{0.06} \] Calculating \( \frac{2490}{0.06} \): \[ X = 41500 \] ### Step 6: Conclusion The total sales made by the salesman is Rs. 41,500.
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