Question

13. A property dealer charges a commission of 2% on the first 25000 and 15% on the remainder
What commission does he charge for selling a plot of land for? 130000?​

Answer 1

Answer:

2% of 25000= 500

And, Here the given amount is 130000

So he charged 2% on first 25000

Left amount =130000-25000=105000

That means, he will charge 15% on 105000

15% of 105000=15 x 1050 =15750

So, total commission =15750+500=16250