A house is sold for Rs6000000 through an agent offering commission of 1% for the first Rs1000000, 1.5% for the next Rs25,00,000 and 2% for the rest. Find total commission received by the agent.
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6 percent
Go for half.
The typical commission is 6 percent, which is split by the agent for the buyer and the agent for a seller—3 percent each. But it's only paid by the home seller. If you're selling your home and buying another with the same agent, they'll collect that 3 percent twice.
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Answer:
(1×10^6×0.01)+(2.5×10^6×0.015)+(2.5×10^6×0.02)=97500rs
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