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Indian Institute of Foreign Trade 2015 Solved Paper

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Question : 16

Total: 124

Saliesh is working as a sales executive with a reputed FMCG Company in Hyderabad As per the Company's policy, Sailesh gets a commission of 6% on all sales upto Rs. 1,00,000 and 5% on all sales in excess of this amount. If Sailesh remits Rs. 2,65,000 to the FMCG company after deducting his commission, his total sales were worth:

Rs. 1,20,000
Rs. 2,90,526
Rs. 2,21,054
Rs. 2,80,000

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