Question

a property dealer charges commission at the rate of 2% on the first 2 lakh 1% on the next two lakh and 0.5 % on the remaining price find his commission on the property that has been sold for 54 lakh​

Answer 1

Answer:

54000=200000+200000+140000

∴ The net commission earned on a sale of Rs.540000 is

100

2

×200000+

100

1

×200000+

100

0.5

×140000

=Rs.(4000+2000+700)

=Rs.6000+700

=Rs.6700