what is the answer to A sale price will earn a commission equal to 1/32 of the total sale. What is the commission earned on sales totaling 24,000?

1 Answer

Answer :

1/32 (2400)=$750

Related questions

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Last Answer : $32,533.34To make $5,000 on a 15% commission he needs to sell $33,333.34 (rounding up to the nearest cent since he can't make part of a penny) worth of goods. However, $800 is already taken care of up front, so 33,333.34 - 800 = 32,533.34.

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

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Last Answer : Let the CP of mobile= Rs 100 Then the labeled price= Rs.120 SP= Rs. 120-10%of 120 = RS120-12= Rs 108 Gain= Rs 108- Rs 100 = Rs 8 Gain%= 8/100*100=8%

Description : The price of a necklace, passing through a 3 persons, rises on the whole by 32.5%. If the 1st and the 2nd sellers earned 10% and 12.5% profit respectively. Find the percentage profit earned by the 3rd seller. 

Last Answer : Let the original price of the necklace be Rs x and Let the profit earned by the 3rd seller be P% Then (100+P)% of 112.5% of 110% of x = 132.5% of x (100+P/100)*(112.5/100)*(x) = 132.5/100 ... /12375 100+P = 107.07 P= 107.07 - 100 = 7.07% The percentage profit earned by the 3rd seller = 7%

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Description : Mr. Sathyan invested Rs.20, 000/- with rate of interest@20 p.c.p.a. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years? a) Rs.7600 b) Rs. 9040 c) Rs. 8750 d) Rs. 6900

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Description : Profit earned by an corporation is distributed among total officers and clerks in the ratio of 7:5 respectively. If the number of officers is 60 and the number of clerks is 100 and the amount received by an each officer is Rs.35,000. What was the total amount of profit earned?

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Description : When working with Outside Sales, each salesperson costs a. $35,000. b. $100,000. c. $50,000. d. $125,000. e. $110,000 plus a commission of 1%.

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Last Answer : c. $50,000.

Description : A working partner gets 25% as his commissions after his commissions paid that is equal to Rs.7500, then what is the total profit ? A) Rs.32,000 B) Rs.30,000 C) Rs.37,500 D) Rs.40,000 E) None of these

Last Answer : Answer: C X=total profit 25/100*[x-7500] = 7500 x-7500 = 7500*100/25 =30,000 x = 37,500

Description : Why,Sonia earned $2,100 at her uncle's orchard. If she worked for 70 weeks and earned the same amount of money each week, What did she earn per week?

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Description : Arjun bought 100 mangoes at the same price . 40 of them were of lower quality. He sold the remaining 60 mangoes at 60% more than the cost price. If in total, he earned a 28% profit, What is his ... loss percentage, on the 40 mangoes of lower quality? a)20% profit b)15% profit c)20% loss d)15% loss

Last Answer : c)20% loss

Description : The ratio of the cost price of product A to that of B is 5:7. product A was sold at a profit of 80% and product B was sold at a profit of 20%. If the total profit earned after selling both the (products A and B is Rs 296) what is the difference between the cost prices of product A and B?

Last Answer : CP of product A= 5X CP of product B=7x Total price = (5x*0.8)+(7x*0.2) =296 4X+1.4X=296 5.4X=296 x=54.81=55(approx.) difference of the CP= 7x-5x=2x=2*55  = Rs. 110

Description : Agalya started a work with Rs. 144000 and after 3months Bhuvana joined with her the amount of Rs. 116000. At the end of the year bhuvana received a profit of Rs.20960 including 16% as a commission for ... earned by agalya at the end of the year approximately? a) 22045 b) 23040 c) 21450 d) 24500

Last Answer : Answer: B) Ratio of agalya & bhuvana 144000*12: 116000*9= 48:29 Let the total profit be Z. Profit earned by bhuvana =16 % of Z+ 29/77 of 84 % of Z=20960 524Z= 20960 * 100 *11 => Z= Rs.44000. Total profit by agalya =48/77 *84/100 *44000 = Rs.23040.

Description : The net factor income earned within the domestic territory of a country must be equal to (a) Net Domestic Product at factor cost ; (b) Net Domestic Product at market price; (c) Net National Product at market price ; (d) Personal income.

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Description : The ratio of the incomes of A and B last year was 9 : 13. Ratio of their incomes of last year to this year is 9 : 10 and 13 : 15 respectively. The sum of their present incomes is Rs 50,000. What is the present income of B? A) Rs 32,000 B) Rs 24,000 C) Rs 20,000 D) Rs 30,000 E) None of these

Last Answer : Answer: D ratio of the incomes of A and B last year was 9x : 13y Now given that ratio of the incomes of A and B last year was 9 : 13. So 9x/13y = 9/13 This gives x = y Total of incomes of A ... = 50,000 This gives x = 2,000 So present income of B = 15y = 15x = 15*2000 = 30,000

Description : A possible obstacle to growth of privatisation is A. Profit earned by public enterprises B. Sale of least profitable enterprises C. Licensing D. All of these

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Description : The total number of male, female and children working in a factory is 72. They earn Rs.16000 in a day. If the sum of the wages of all male, all female and all children is in the ratio of 36 : 20 : 24 and if the ... 3, then how much a female earn in a day? a) Rs 500 b) Rs 1000 c) Rs 1500 d) Rs 1200

Last Answer : B Ratio of number of male, female and children =36/6:20/5:24/3 = 6x:4x:8x So, (6x + 4x + 8x) = 72 18x=72 X=72/18=4 So, x = 4 Therefore, number of female = 16 Share of all female =20/80*16000 =Rs 4000 So, Share of each female = 4000/4 = Rs 1000

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Description : Petri is working for Nokia in Finland. He has completed 10 months of his 12-month project, budgeted at $800,000. His earned value analysis shows that variance at  completion is $75,000. What is the estimate at completion value ... : a. 725,000 b. -725,000 c. -$875,000 d. $875,000 e. $800,000

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Description : Avinash, Bala and Chandran invested Rs.45,000/-, Rs. 70, 000/- and Rs. 90,000/- respectively to start a business. At the end of two years, they earned a profit of Rs.1,64,000/-. What will be Bala’s share in the profit? a) Rs.56, 000/- b) Rs.46, 000/- c) Rs. 50, 000/- d) Rs.75, 000/- e) None of these

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Description : Capital employed at the end of the year is Rs.4,20,000. Profit earned Rs.40.000. Average capital employed is A Rs.4,20,000 B Rs.4,00,000 C Rs.4,40,000 D Rs.4,60,000

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Description : P started a business in 1990 by investing Rs.25,000. She invested Rs. 10,000 as additional amount in 1991 and her friend Q joined her with an amount of Rs.35,000. P invested another Rs. 10,000 in 1992 and R joined them ... ,000. Find Q's share? a) Rs.50,000 b) Rs.65,000 c) Rs.75,000 d) Rs.15,000

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Description : P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the ... Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

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Description : A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit - Rs. 12 Variable cost per unit - Rs. 8 Fixed cost for a period - Rs. 98,000 Budgeted sales for a period - 30,000 units

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Description : A small dairy farm daily produces 100 kilograms of average quality buffalo milk and sells it to an organised dairy at the rate of Rs. 100 per kilogram of total solids contained in the milk. How much would be the daily gross ... (D) Between Rs. 1,000 and Rs. 1,100 (E) Between Rs. 1,650 and Rs. 1,850

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Description : what Ms. Texeira works in sales and is paid a base salary of $41,000 plus 5.5% of sales. Last year her sales were $200,00 .What was her total pay last year?

Last Answer : 32855$

Description : Rate of Gross Profit on cost is 25%. Total sales is Rs. 1,00,000 and Average Stock is Rs. 1,60,000. Stock Turnover Ratio will be– (A) 0•5 times (B) 0•8 times (C) 0•10 times (D) 0•4 times

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Description : Total sales is Rs. 7,60,000, cash sales Rs. 30,000 collection period is 25 days, debtors at Balance Sheet date will be– (A) Rs. 80,000 (B) Rs. 70,000 (C) Rs. 60,000 (D) Rs. 50,000

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Description : Fresh grapes contains 80% of water by weight, where as dry grapes contains 50% of water by weight. Yamini buys 100kg of fresh grapes for a total price of Rs. 300. At what price should she sell the dry grapes (fresh grapes are dried up) to earn 80%profit?

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Description : In a class of 24 students, each student shakes hand with everyone els. In another class of 32 students, each student shakes hand with all other students. What is the difference between total number of hand shakes in the 2 classes? a) 180 b) 200 c) 22 d) 240 e) 260

Last Answer : 1 st class : Total Hand shakes = 24 × 23 /2 = 12 × 23 =276 2nd class :Total Hand shakes =32 × 31 / 2 = 16 × 31 = 496 Difference =220 Answer : c

Description : In a class of 24 students, each student shakes hand with everyone els. In another class of 32 students, each student shakes hand with all other students. What is the difference between total number of hand shakes in the 2 classes? a) 180 b) 200 c) 22 d) 240 e) 260

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Description : Why do fast food workers still earn the same, no matter whether they make 10 or 100 meals an hour? Why no commission on a per-meal basis? Rather unfair, ain't it?

Last Answer : answer:@johnpowell When & where was the last time you worked in fast food? How miserable did you feel? I felt so miserable that by the time I quit in February 2005, I was so reviled by the way ... jobs a thing of the past anymore, by aspiring to invent an automated process to replace all of them.

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Description : what- Randall and Anita are two salespeople who work on commission. For each item they sell, they earn a little extra money each month?

Last Answer : The equation of the line that describes the amount of money Randall will earn for selling x items in a month is y = 25x + 2,000.Suppose the graph of the equation that describes how much money Anita ... 4 items, she will earn $3,200.Which line describes how much money Anita will earn in one month?

Description : A shopkeeper sells speaker at the rate of Rs 914each and earns the commission of 4%. He also sells phones at the rate of Rs 160each and earns a commission of 20%. How much amount of commission will he earn in two weeks if he sells 20 speaker and 12phones per day?

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Last Answer : Cost price of the watch = 5080 + 4650 / 2 = 9730 / 2 = `4865 Answer: e)

Description : A person sold an item for Rs. 14280 after giving 15% discount on the labelled price and earned 19% profit on the cost price. What would have been the percentage profit, had he not given the discount? a) 30% b) 34% c) 40% d) 42.5% e) None of these

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