A man's monthly income consists of Rs. 5000 plus a commission of 4% on all his sales. Find his total sales for a particular month in which his income was Rs. 12200?
- 300000
- 170000
- 160000
- 180000
Explanation
The man's monthly income consists of a fixed amount of Rs. 5000 plus a commission of 4% on all his sales.
His total income for the particular month is Rs. 12200.
To find his total sales, we need to first subtract the fixed amount from his total income:
Rs. 12200 (total income) - Rs. 5000 (fixed amount) = Rs. 7200 (commission amount)
Since the commission is 4% of his sales, we can set up the equation:
Commission amount = (4/100) × Total sales
Rs. 7200 = (4/100) × Total sales
To find the total sales, we can divide both sides by (4/100):
Total sales = Rs. 7200 ÷ (4/100)
= Rs. 7200 × (100/4)
= Rs. 180000
So, the correct answer is: 180000
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