sales through credit card and debit card rs 5000 and Rs 2000 respectively Bank charged 1% commission on sales - Accountancy - Recording of Transactions - II

Question

sales through credit card and debit card rs 5000 and Rs 2000
respectively Bank charged 1% commission on sales through Credit
cards Calculate the commission charged

Neha Chopra · Accepted Answer

Dear Student,

Since commission is charged on sales through credit cards, &
credit card sales = Rs 5,000
Thus commission charged = Rs 5,000×1100=Rs 50
Regards,

sales through credit card and debit card rs 5000 and Rs 2000 respectively. Bank charged 1% commission on sales through Credit cards. Calculate the commission charged.