A property dealer charges commission of 3 % on 1st Rs. 20000 and 2% on the remaining selling price. find the commission if a house is sold for Rs. 60000.
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Answer:
Total commission - Rs 600 + Rs 800 = Rs 1,400/-
Step-by-step explanation:
House is sold for Rs 60,000
Commission for 1st 20,000 = 3%
ie 20,000 x = 60000/100 = Rs 600
Balance amount - Rs 60,000 - Rs 20,000 = Rs 40,000
Its given that commission for Rs 40,000 is 2%
ie 40,000 x = 80,000/100 = Rs 800
Total commission - Rs 600 + Rs 800 = Rs 1,400/-
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