(a) Value of goods sold is
sh 240 000
Commission rate
= $\frac{Commission}{Value of goods}$ x 100%
= $\frac{4 000}{240 000}$ x 100 = 1$\frac{2}{3}$%
(b) Value of goods sold after
giving out the discount was
$\frac{98}{100}$ x 360 000 = sh 352 800
Amount of commission
received was
$\frac{1\frac{2}{3}}{100}$ x 352 800 = sh 5 880
johnmulu answered the question on June 9, 2017 at 06:01
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