Solve the above question in English

English

ScanSolve AI Answer

Answers

3 parts
a

Ksh 13,600\text{Ksh } 13,600

b(i)

Ksh 320,000\text{Ksh } 320,000

b(ii)

640 handbags640 \text{ handbags}

Step-by-step solution

9 steps

Here is the solution to your question:

Part a· 4 steps

Calculate the seller's earnings for the month.

  1. Calculate the total value of goods sold.

    The seller sold 360 handbags, each for Ksh 500.

    Total sales=360×Ksh 500=Ksh 180,000\text{Total sales} = 360 \times \text{Ksh } 500 = \text{Ksh } 180,000
  2. Calculate the amount of sales eligible for commission.

    Commission is paid on sales exceeding Ksh 100,000.

    Amount eligible for commission=Ksh 180,000−Ksh 100,000=Ksh 80,000\text{Amount eligible for commission} = \text{Ksh } 180,000 - \text{Ksh } 100,000 = \text{Ksh } 80,000
  3. Calculate the commission earned by the seller.

    Commission is 2% of the eligible amount.

    Commission=2%×Ksh 80,000=2100×Ksh 80,000=Ksh 1,600\text{Commission} = 2\% \times \text{Ksh } 80,000 = \frac{2}{100} \times \text{Ksh } 80,000 = \text{Ksh } 1,600
  4. Calculate the seller's total earnings.

    Total earnings are the monthly salary plus commission.

    Total earnings=Salary+Commission=Ksh 12,000+Ksh 1,600=Ksh 13,600\text{Total earnings} = \text{Salary} + \text{Commission} = \text{Ksh } 12,000 + \text{Ksh } 1,600 = \boxed{\text{Ksh } 13,600}

Part b(i)

Ksh 320,000\text{Ksh } 320,000

The total amount of money he received from the sale of handbags that month.

The following month, the seller's monthly salary was increased by 10%. His total earnings that month were Ksh 17,600. Calculate

  1. Calculate the new monthly salary.

    The original salary was Ksh 12,000 and it was increased by 10%.

    Salary increase=10%×Ksh 12,000=10100×Ksh 12,000=Ksh 1,200\text{Salary increase} = 10\% \times \text{Ksh } 12,000 = \frac{10}{100} \times \text{Ksh } 12,000 = \text{Ksh } 1,200 New salary=Ksh 12,000+Ksh 1,200=Ksh 13,200\text{New salary} = \text{Ksh } 12,000 + \text{Ksh } 1,200 = \text{Ksh } 13,200
  2. Calculate the commission earned by the seller that month.

    Total earnings were Ksh 17,600.

    Commission=Total earnings−New salary=Ksh 17,600−Ksh 13,200=Ksh 4,400\text{Commission} = \text{Total earnings} - \text{New salary} = \text{Ksh } 17,600 - \text{Ksh } 13,200 = \text{Ksh } 4,400
  3. Calculate the amount of sales that was eligible for commission.

    Commission is 2% of the eligible amount.

    Ksh 4,400=2%×Eligible amount\text{Ksh } 4,400 = 2\% \times \text{Eligible amount} Eligible amount=Ksh 4,4000.02=Ksh 220,000\text{Eligible amount} = \frac{\text{Ksh } 4,400}{0.02} = \text{Ksh } 220,000
  4. Calculate the total value of handbag sales that month.

    The eligible amount for commission is sales exceeding Ksh 100,000.

    Total sales=Eligible amount+Ksh 100,000=Ksh 220,000+Ksh 100,000=Ksh 320,000\text{Total sales} = \text{Eligible amount} + \text{Ksh } 100,000 = \text{Ksh } 220,000 + \text{Ksh } 100,000 = \boxed{\text{Ksh } 320,000}

Part b(ii)

640 handbags640 \text{ handbags}

The number of handbags sold that month.

  1. Calculate the number of handbags sold.

    Total sales were Ksh 320,000 and each handbag was sold for Ksh 500.

    Number of handbags=Total salesPrice per handbag=Ksh 320,000Ksh 500=640 handbags\text{Number of handbags} = \frac{\text{Total sales}}{\text{Price per handbag}} = \frac{\text{Ksh } 320,000}{\text{Ksh } 500} = \boxed{640 \text{ handbags}}
Was this helpful?

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question
Handwritten step-by-step solution preview

Handwritten Step-by-Step Solution

Get this as a handwritten image on WhatsApp — like a tutor wrote it for you.

Try on WhatsApp