A company makes a profit of 6% on its first Tk. 1,000 of sales each day and Tk. 55 per thousand on all sales in excess of Tk. 1,000 of that day. How much profit will the company make in a day when sales are Tk. 6,000?

A company makes a profit of 6% on its first Tk. 1,000 of sales each day and Tk. 55 per thousand on all sales in excess of Tk. 1,000 of that day. How much profit will the company make in a day when sales are Tk. 6,000? Correct Answer 335

Profit on first 1000 TK sale = 6% of 1000 = 60 TK. Profit on the rest (6000 - 1000 = 5000) TK sale = 55×5000/1000 = 275 TK. Total profit = 60 + 275 = 335 TK
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