salesmann is paid a salary of Rs .500 per month and one percent commission on sales. if his total income in one month is Rs. 750. find the value of his sales in that month.
To find the value of his sales in that month, we can set up an equation based on the given information.
Let's assume the value of his sales in that month is 'x'.
The salary of the salesman is Rs. 500 per month and the commission rate is 1% on sales.
So, the commission earned by the salesman will be 1% of his sales, which is 0.01 * x = 0.01x.
His total income in one month is given as Rs. 750.
Therefore, we can set up the equation:
Salary + Commission = Total Income
500 + 0.01x = 750
To solve for x, we can rearrange the equation:
0.01x = 750 - 500
0.01x = 250
Divide both sides of the equation by 0.01 to isolate x:
x = 250 / 0.01
x = 25,000
Therefore, the value of his sales in that month is Rs. 25,000.