Math Problem Statement
A salesman receives 3% commission on the sales upto Rs 50000 and 4 % commission on the sales over Rs 50000. His total income on the sale of Rs 200000 is ?
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage
Commission Calculation
Basic Arithmetic
Formulas
Commission = (Sales Amount) × (Commission Rate)
Total Income = Commission on first portion + Commission on second portion
Theorems
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Suitable Grade Level
Grades 6-8
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