Question

A property dealer charges commission at the ratevof 2% on the first rupess 200000,1% on the next rupess 200000 and 0.5 % on the remaining price .find hos commission on the property that has been sold for rupess 540000

Answer 1

2% of 200000 =4000
1% of 200000=2000
remaining price =540000-400000=140000
.5% of 140000=700
so total commission =4000+2000+700=6700

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Answer 2

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