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