Question

A broker changes 3 whole 1/2% commission out of the total expenses, for services rendered. if the total expenses amount to $3750 what is the amount paid as commission.
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Answer 1

Answer:

Total amount paid by the buyer = Cost of the land + Brokerage. = Rs. 19 ... A del credere agent charges 3% commission on cash sales and 6% ... the discount offered is usually termed as the trade discount.