Question

a property dealer charges 2% commission from a buyer or seller of a property if Mr Ramlal paid Rs. 20,000 as a Commission for purchasing of flat what was the value of the flat

Answer 1

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let value of flat Be X

2% of x = ₹20,000

$\frac{2}{100} \times x = 20000$

$x = 20000 \times \frac{100}{2}$

$x = 10000 \times 100$

$x = 1000000$

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