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A salesman finished the quarter at 112% of his sales target, selling goods worth ₹5,60,000. By how much did he beat his target?

Competition practicePercentage
  • A₹60,000
  • B₹67,200
  • C₹56,000
  • D₹5,00,000

Step-by-Step Solution

112% of the target = 5,60,000, so the target = 560000/1.12 = ₹5,00,000, and he beat it by 560000 - 500000 = ₹60,000. ₹67,200 is the star trap: it takes 12% of ₹5,60,000, that is 12% of the ACHIEVED figure rather than of the target. ₹56,000 is 10% of the achieved figure, and ₹5,00,000 is the target itself, not the excess.
Answer: A) ₹60,000

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