Construct a solution algorithm for the following problems. Yoursolution should contain:
Defining problem
Pseudo code algorithm
Desk check of the algorithm (two test cases for eachquestion)
1. A transaction record on a sales commission file contains theretail price of an item sold, a transaction code that indicates thesales commission category to which an item can belong, and theemployee number of the person who sold the item. The transactioncode can contain the values A, B or C, which indicate that thepercentage commission will be 6%, 8% or 10% respectively. Constructan algorithm that will read a record on the file, calculate thecommission owing
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