A company sales was Rs. 55,00,000 last month. If an employee gets Rs. 39,775 with commission, where his monthly salary is Rs. 23,500 then. Find commission rate​



Answer :

Answer:

To find the commission rate, we need to determine how much commission the employee earned and then relate that to the total sales.

1. First, let's calculate the commission amount the employee earned. This is the total payment minus the base salary:

\[

\text{Commission} = \text{Total Payment} - \text{Base Salary} = 39,775 - 23,500 = 16,275 \, \text{Rs}

\]

2. Now, we need to find the commission rate. The commission rate is given by the ratio of the commission amount to the total sales, multiplied by 100 to convert it to a percentage:

\[

\text{Commission Rate} = \left( \frac{\text{Commission}}{\text{Total Sales}} \right) \times 100

\]

Substituting the values we have:

\[

\text{Commission Rate} = \left( \frac{16,275}{55,00,000} \right) \times 100

\]

3. Let's perform the calculation:

\[

\text{Commission Rate} = \left( \frac{16,275}{55,00,000} \right) \times 100 \approx 0.296 \, \text{percent}

\]

Therefore, the commission rate is approximately 0.296%.

the commission rate is approximately 2.95%