Accounts


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 October 2012 B sold 50 televisions at Rs. 15000 per television. He was entitled to commission of Rs. 500 per television sold plus one forth of the amount by which the gross sale proceeds less total commission there on exceeded a sum calculated at the rate of Rs. 12500 per television sold. Amount of commission will be? please solve hint..

09 October 2012 Total Sales = Rs. 50* Rs.15,000 = Rs.750,000.
Total Commission = Rs.50*Rs.500 = Rs.25,000
Sales - Commmission = Rs.725,000
Sale @ Rs.12,500 per TV = Rs50*Rs.12,500 = Rs.625,000.
Base amount for addl comm = Rs. 725,000-Rs.625,000 = Rs.100,000
Additional commission @ 25% = Rs.100,000*25% = Rs. 25,000
Total Commission amount = Rs.50,000.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details