Question

A property dealer sold a house for Rs.6,00,000 and charged 1% commission from the parties.How much did the seller get?​

Answer 1

Answer:

I assume he charged both parties 1% and not 1 % split between both.

Rs 600000 sale price

commission - 6000

the buyer would pay Rs 600000 plus added commission Rs 6000 = Rs 606000

The seller would receive Rs 600k less Rs 6000 = Rs 594 000

The agent obviously collected a cool Rs 12k

Step-by-step explanation:

Answer 2

Question

A property dealer sold a house for Rs.6,00,000 and charged 1% commission from the parties.How much did the seller get?​

Answer: The agent collected Rs 12k

⇒I assume he charged both parties 1% and not 1 % split between both.

⇒ Rs 600000 sale price

⇒ commission - 6000

⇒ the buyer would pay Rs 600000 plus added commission Rs 6000 = Rs 606000

⇒ The seller would receive Rs 600k less Rs 6000 = Rs 594 000

⇒ The agent obviously collected a cool Rs 12k