Answer
424.5k+ views
Hint: Try to understand the question and the concept of percentage before calculating earnings. Add both the percent of commission and del-credere to get a total percent. Then find the earning by using that total percent on the amount of sale.
Complete step-by-step answer:
Let’s try to understand the question first. According to the question, the merchant pays \[9\% \] commission and \[4\% \] del-credere to the agent, i.e. the merchant will pay \[9\% \] of the sale as commission to the agent and \[4\% \] of the sales as del-credere to the agent.
Given that agent sells goods of \[Rs.55000\] and the merchant will give $9 + 4 = 13\% $ of this sell to the agent
For understanding the concept of $13\% $ percentage, just imagine dividing a quantity into a hundred equal parts and taking $13$ parts from it. Basically, one per cent is one-hundredth of a whole.
So, for calculating $13\% $ of the sale, we need to multiply $\dfrac{{13}}{{100}}$ to the total amount of money
$ \Rightarrow 13\% $ of \[Rs.55000\]$ = \dfrac{{13}}{{100}} \times 55000 = 13 \times 550$
Let’s now solve this further to find the required answer
Amount earned through commision $ = 13 \times 550 = Rs.7150$
Hence, the total earnings of the agent will be $Rs. 55000$ + $Rs.7150$ which is $Rs.62150$
Note: Do not calculate the percentage for both of them together. Multiplying them together in a single equation will give you a wrong answer. The total earning will be calculated after adding up the commission per cent and del-credere per cent. Total earnings of the agent will be the sum of the product which he sold and the commission earned.
Complete step-by-step answer:
Let’s try to understand the question first. According to the question, the merchant pays \[9\% \] commission and \[4\% \] del-credere to the agent, i.e. the merchant will pay \[9\% \] of the sale as commission to the agent and \[4\% \] of the sales as del-credere to the agent.
Given that agent sells goods of \[Rs.55000\] and the merchant will give $9 + 4 = 13\% $ of this sell to the agent
For understanding the concept of $13\% $ percentage, just imagine dividing a quantity into a hundred equal parts and taking $13$ parts from it. Basically, one per cent is one-hundredth of a whole.
So, for calculating $13\% $ of the sale, we need to multiply $\dfrac{{13}}{{100}}$ to the total amount of money
$ \Rightarrow 13\% $ of \[Rs.55000\]$ = \dfrac{{13}}{{100}} \times 55000 = 13 \times 550$
Let’s now solve this further to find the required answer
Amount earned through commision $ = 13 \times 550 = Rs.7150$
Hence, the total earnings of the agent will be $Rs. 55000$ + $Rs.7150$ which is $Rs.62150$
Note: Do not calculate the percentage for both of them together. Multiplying them together in a single equation will give you a wrong answer. The total earning will be calculated after adding up the commission per cent and del-credere per cent. Total earnings of the agent will be the sum of the product which he sold and the commission earned.
Recently Updated Pages
How many sigma and pi bonds are present in HCequiv class 11 chemistry CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Why Are Noble Gases NonReactive class 11 chemistry CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Let X and Y be the sets of all positive divisors of class 11 maths CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Let x and y be 2 real numbers which satisfy the equations class 11 maths CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Let x 4log 2sqrt 9k 1 + 7 and y dfrac132log 2sqrt5 class 11 maths CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Let x22ax+b20 and x22bx+a20 be two equations Then the class 11 maths CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Trending doubts
Fill the blanks with the suitable prepositions 1 The class 9 english CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
At which age domestication of animals started A Neolithic class 11 social science CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Which are the Top 10 Largest Countries of the World?
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Give 10 examples for herbs , shrubs , climbers , creepers
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Difference between Prokaryotic cell and Eukaryotic class 11 biology CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Difference Between Plant Cell and Animal Cell
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Write a letter to the principal requesting him to grant class 10 english CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Change the following sentences into negative and interrogative class 10 english CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)
Fill in the blanks A 1 lakh ten thousand B 1 million class 9 maths CBSE
![arrow-right](/cdn/images/seo-templates/arrow-right.png)