Commission calculation on sales: An agent sells goods worth ₹15000. If the commission rate is 12 1/2%, how much commission does the agent earn?
Aptitude
Percentage
Difficulty: Easy
Choose an option
-
A₹1875
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B₹2125
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C₹2000
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D₹2700
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E₹1750
Answer
Correct Answer: ₹1875
Explanation
Introduction / Context:We compute sales commission based on a percentage of the sale value. Here, 12 1/2% is a friendly fraction for mental math.
Given Data / Assumptions:
- Sales value = ₹15000.
- Commission rate = 12 1/2% = 12.5% = 1/8.
Concept / Approach:Commission = Rate * Sale amount. Using 1/8 simplifies calculation.
Step-by-Step Solution:
Commission = (1/8) * 15000.= 15000 / 8 = 1875.So the commission is ₹1875.Verification / Alternative check:Compute as 12.5%: 0.125 * 15000 = 1875 — same result.
Why Other Options Are Wrong:
- ₹2125, ₹2000, ₹2700, ₹1750 do not equal 12.5% of ₹15000.
Common Pitfalls:Converting 12 1/2% incorrectly. Always remember 12 1/2% = 1/8 = 0.125.
Final Answer:₹1875