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Worked Examples · Example 1

Q.An agent sells goods worth ₹75,000 on behalf of his principal and is paid commission at the rate of 4%. Find the commission the agent earns.

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✓ Free question

The turnover (value of goods sold) is ₹75,000 and the rate of commission is 4%4\%.

Commission=r100×turnover=4100×75000=4×750=3000.\text{Commission}=\frac{r}{100}\times\text{turnover}=\frac{4}{100}\times 75000 = 4\times 750 = 3000.

Independent check: 1%1\% of ₹75,000 is ₹750; four times ₹750 is ₹3,000, which matches.

✓Final answer

The agent earns ₹3,000 as commission.

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