Question

A company provides commisssion to its agent at the following rate.

-0.5% in the sale upto Rs.15 lakh
-1% in the sale from 15 lakh to Rs.25 lakh
-1.5% in the sale from Rs.25 to Rs.40 lakh
-2% in the sale above Rs.40 lakh
calculate the amount of commission that can be obtained from the following sale amount by using the above rate of commission
a.Rs.12 lakh
b.Rs.24 lakh
c.Rs.38 lakh
d.60 lakh​

Answer 1

A company provides commisssion to its agent at the following rate.

-0.5% in the sale upto Rs.15 lakh

-1% in the sale from 15 lakh to Rs.25 lakh

-1.5% in the sale from Rs.25 to Rs.40 lakh

-2% in the sale above Rs.40 lakh

calculate the amount of commission that can be obtained from the following sale amount by using the above rate of commission is 38 lakh