Mathematics · Percentage and Salary Incentives
A salesman is appointed on a basic salary of ₹1,200 per month. Under the condition that for total monthly sales of ₹10,000 or more, he receives an additional reward equal to 50% of his basic salary plus 10% of the sales value achieved. This incentive scheme does not apply to sales below ₹10,000. What must be the total value of sales in a month for him to earn ₹7,600?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹70,000
- 2₹60,000
- 3₹50,000✓
- 4₹40,000
Correct answer
₹50,000
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