Question

14. 3% commission on the sale of a property amounts to 3 42660. What is the total value of
the property?
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Answer 1

3% commission amounts to Rs. 42660.

Thus 3% of the total value of the property is Rs. 42660. And we have to find out the total value of the property.

Let the total value of he property is x

then 3% of x = 42660

⇒(3/100) × x = 42660

⇒3x/100 = 42660

⇒3x = 42660×100

⇒x = (42660×100)/3

⇒x = Rs. 1422000

★So the total value of the property is Rs. 14,22,000.

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