Question

a property dealer charges 2% commission from a buyer or seller of property if Mr Ramlal paid 20000 as a Commission for purchasing a flat what was the value of the flat

Answer 1

20000/2 × 100
200/2
=10
the value of flat is 10%

Answer 2

The value of the flat is Rs. 1000000.
Explanation:

2 % is Rs. 20000
1 % is Rs. 20000/2 = Rs. 10000
The value of the flat is 100 %= Rs. 10000 x 100 = Rs. 1000000