a property dealer charges Commission at the rate of 2% on the first two hundred thousand 1% on the next two hundred thousand and 0.5% on the remaining price find his commission on the property that has been sold for 540000
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Answer:
Maths is my favorite subject
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Step-by-step explanation:
- commission charges on first 200000 = 2/100× 200000 = 4000
- commission charges on second 200000 =1/100×200000 = 2000
- remaining price = 540000-400000 = 140000
- commission charges on remaining price = 5/1000×140000 =700
- total commission on the property = 2000+2000+700 =6700
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