NIFT UG 2012 Question Paper with solutions

Question : 149 of 150

Marks: +1, -0

A newspaper vendor sells a newspaper at the rate of ₹5 per copy and earns a commission of 15%. If he sells 1200 copies of newspaper a day, how much commission will he earn in a week?

₹ 7,200
₹ 5,600
₹ 900
₹ 6,300

Validate

Solution:

Selling price of one copy of newspaper = ₹5
Selling price of 1200 copies of newspaper

=₹1200×5=₹6000

Commission

=15/100×6000=₹900

Commission will earn in week

=900×7=₹6300.

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