A Company makes a profit 6% on its first Tk. 10,000 of sales day and 5% an all sales in excess of Tk. 10,000 for that day. How much profit will the company make in a day when sales are Tk. 16,000?
Created: 5 months ago
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Updated: 17 hours ago
Asked by
Mohammad Shahin
Mohammad Shahin
To calculate the profit:
1. Profit on the first Tk. 10,000:
6% of Tk. 10,000 = 0.06 * 10,000 = Tk. 600
2. Profit on the sales exceeding Tk. 10,000:
Sales exceeding Tk. 10,000 = Tk. 16,000 - Tk. 10,000 = Tk. 6,000
5% of Tk. 6,000 = 0.05 * 6,000 = Tk. 300
3. Total profit = Tk. 600 + Tk. 300 = Tk. 900
The company will make a profit of Tk. 900 for the day.
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