Question

20. A commission agent charges commission at the rate of 2% on first Rs 10000 and
1% on the remaining value. A property was sold through him and he charged Rs
800 as commission. For how much money the property was sold ?​

Answer 1

Rs 70,000. **

Step-by-step explanation:

let remaining value = Rs x

1st charge = 2% of 10000 = Rs 200

remaining commission= 800-200

= Rs 600

1% of x = 600 => x = 60000

property was sold for (60000 + 10000)

= Rs 70,000