A salesman received a basic salary of sh 50000 a year together with a commission of 6% on the value of goods sold and a car allowance of sh 2.50 per km.If the next year he travels 12000km and receives a total of sh 134000.Calculate the value of goods sold.

Answer 1

Let's start by using the given information to set up some equations.

Let's denote the value of goods sold as x.

From the information given, we know that the salesman's earnings for the year were the sum of his basic salary, commission, and car allowance:

50000 + 0.06x + (2.5 * 12000) = 134000

Simplifying this equation:

50000 + 0.06x + 30000 = 134000

0.06x = 54000

x = 900000

So the value of goods sold by the salesman for the year was sh 900,000.