A cloth merchant appoints a salesman on fixed monthly salary. The merchant offers 5% incentive on the excess sales over Rs.20,000. The salesman earned Rs.3750 in a month on total sale of Rs.45,000. Find monthly salary of the salesman.
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Answer:
74, 000is the answer for salesman.
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Verified answer
Answer:
Rs 2500
Step-by-step explanation:
Total sales=Rs 45000
Incentive =5% of 45000-2000
=25000*5/100
=25000/20
=1250 Rs
Total income=3750
thus salary=3750-1250
=Rs 2500