2% commission on sale of a property
equal $4240 . What is the value of property?
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Answers
Answered by
6
212000
Step-by-step explanation:
(2/100)*price=4240
price=212000
Answered by
25
Answer :
›»› The value of property is $21200.
Given :
- 2% commission on sale of a property
- equal $4240.
To Find :
- The value of property.
Solution :
Let us assume that, the value of property is x.
Ad it is given that, the 2% is equal to the $4240 than property.
→ 2% of x = $4240.
According to the given question,
→ 2% of x = $4240
→ 2/100 * x = 4240
→ 2 * x = 4240 * 100
→ 2x = 4240 * 100
→ 2x = 424000
→ x = 424000 ÷ 2
→ x = 212000
Hence, the value of property is $21200.
Verification :
→ 2% of x = $4240
→ 2/100 * 212000 = 4240
→ 2/1 * 2120 = 4240
→ 2 * 2120 = 4240
→ 4240 = 4240
Here, LHS = RHS
Hence Verified !
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