Question

A bike was sold for ₹ 48,000 and a commission of ₹ 8,640 was received by the dealer. Find the rate of commission

Answer 1

Price = 48000

Commission = 8640

Commission rate = 8640/48000 x 100%

= 18%

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Answer 2

Answer:

18 %

Step-by-step explanation:

According to the question

selling price of a bike = 48000 Rs.

and commission = 8640 Rs.

We have to find the rate of commission.

we know that,

Rate of commission = $\frac{commission}{selling\ price}\times100$

                                 = $\frac{8640}{48000}\times100$

                                 = 18 %

Hence the rate of commission will be 18 %.