Question

a property dealer charges rupees 2% commission from a buyer or a seller of property. if Mr Ram Lal paid rupees 20,000 as a commission for purchasing a flat, what was the value of the flat​

Answer 1

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Answer 2

Answer :-

Given:-

• a property dealer charges rupees 2% commission from a buyer or a seller of property
• Mr Ram Lal paid rupees 20,000 as a commission for purchasing a flat

To proof:-

• what was the value of the flat

Solution :-

$\small{ \sf{Let \: us \: assume \: that \: the \: value \: of \: the \: flat \: be \: x .}}$

$\small \sf{2 \% \: written \: in \: the \: decimal \: form}$

$\large \sf = { \frac{2}{100} }$

$\small{ \sf{= \: 0.02}}$

$\small \sf{than \: the \: equation \: becomes}$

$\small{ \sf{x × 0.02 = 20000}}$

$\large \sf{x = \frac{2000}{0.02}}$

$\small \sf{x = Rs \: 1000000 }$

therefore the value of the flat is Rs 1000000 .

Hence proved ✦