salesman

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salesman

by shashank.ism » Tue Feb 09, 2010 12:29 pm
If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?

The sales booked by the salesman in the month of November 2003 minus salesman's commission was $245,000
The selling price of the sales booked by the salesman in the month of November 2003 were 125 percent of the original purchase price of $225,000.

Ans D
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by harsh.champ » Tue Feb 09, 2010 12:39 pm
shashank.ism wrote:If a salesman received a commission of 3% of the sales that he has booked in a month, what was the sales booked by the salesman in the month of November 2003?

The sales booked by the salesman in the month of November 2003 minus salesman's commission was $245,000
The selling price of the sales booked by the salesman in the month of November 2003 were 125 percent of the original purchase price of $225,000.

Ans D
1:- 0.97 x = 245,000
2:-125 x 225000 = x
x= sale booked D.
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