Question

A property dealer charges a commission of 2 percent on the first Rupee 25000 and 1.5 percent on the remainder. what commission does he charge for selling a plot of land for Rupee 130000

Answer 1

Commission Charges for first 25000 @2%
=>25000*(2/100)
=>500

Commission Charges for balance [email protected]%
=>(130000-25000)*1.5/100
=>105000*(1.5/100)
=>1575

Total Commission Charged=500+1575
=>2,075