14. R got 35% hike in his salary and 20% incentive on sales. If R sold goods worth Rs. 850 last year and the salary was Rs 70, then how much more does he earn this year with sales of Rs.900?304454294204
Question
- R got 35% hike in his salary and 20% incentive on sales. If R sold goods worth Rs. 850 last year and the salary was Rs 70, then how much more does he earn this year with sales of Rs.900?304454294204
Solution
Sure, let's break it down:
-
First, let's calculate the increase in R's salary. If R got a 35% hike in his salary of Rs 70, the increase would be 35/100 * 70 = Rs 24.5. So, his new salary is 70 + 24.5 = Rs 94.5.
-
Next, let's calculate the incentive on sales. Last year, R sold goods worth Rs 850 and got a 20% incentive, which is 20/100 * 850 = Rs 170.
-
This year, R sold goods worth Rs 900. So, his incentive this year would be 20/100 * 900 = Rs 180.
-
Last year, R's total earnings were his salary plus his sales incentive, which is 70 + 170 = Rs 240.
-
This year, R's total earnings are his new salary plus his new sales incentive, which is 94.5 + 180 = Rs 274.5.
-
Therefore, R earns Rs 274.5 - Rs 240 = Rs 34.5 more this year.
Similar Questions
The salary of a man is increased by 20% at the end of the first year of his service and by 15% at the end of the second year of his service. If his initial salary was Rs. 10000, then what will be his salary at the end of the second year?Choices:- 12800 14000 13800 13000
A shopkeeper expects a gain of 22.5% on his cost price. If in a week, his sale was of Rs. 392, what was his profit?
Arun makes a profit of 40% on cost price by selling a Cooler for Rs. 5600. If the cost price of the Cooler is increased by 20% and he wants to earn the same profit, what will be the new profit percent on selling price?a.18%b.25%c.14%d.27%
A retailer purchases goods from a wholeseller for Rs.1800.The retailer bears additional expense of Rs.300 on carriage of goods by his servant and he sold the goods to the consumer Rs.2300.Find the percent gain?9%9.25%9.52%10%
P and Q start a cafe with a capital Rs.20,000 and Rs.40,000 respectively.After a year, out of the profit of Rs.15000, P gets his share of profit plus some money as his salary.In total if P gets Rs.7000,what is the salary amount he received?Rs.2000Rs.5000Rs.2500Rs.7500
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.