A company's lady sells goods worth sh 240 000. From this she earned a commission of sh 4 000.

      

A company's lady sells goods worth sh 240 000. From this she earned a commission of sh 4 000.
(a) Calculate the rate of commission
(b) If she sold goods whose total marked price was sh 360 000 and allowed discount of 2%, calculate the amount of commission she received.

  

Answers


John
(a) Value of goods sold is

sh 240 000

Commission rate

= CommissionValueofgoods x 100%

= 4000240000 x 100 = 123%

(b) Value of goods sold after

giving out the discount was

98100 x 360 000 = sh 352 800

Amount of commission

received was

123100 x 352 800 = sh 5 880
johnmulu answered the question on June 9, 2017 at 06:01


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