Question

A property dealer charges a commission of 2% on the first $25000 and 1.5% on the remainder.What commission does he charge for selling a plot of land for $130000 ? ​

Answer 1

Step-by-step explanation:

A/Q COMMISSION ON FIRST $25000 = 2%

= 2% OF 25000 = $500

Answer 2

Answer:

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Rate of commission = 2% on first.

₹25000 and 1.5% on the remainder

Value of plot = ₹130000

.°. Commission on first ₹ = 25000

$= 25000 \times \frac{2}{100} = 500$

Remaining amount = ₹130000 - ₹25000

= ₹105000

.°.Commission Rs 105000 at the rate of 1.5%

1.5% = 3/2%

$\frac{3}{2} \% = 105000 \times \frac{3}{2 \times 100}$

$= 1575$

Total commission = ₹500+1575 = ₹2575

Step-by-step explanation:

Hope it helps