Question

A property dear charges 2% commission from a buyer or seller of property if Mr Ram lal paid 20000as commission for purchasing a flat purchasing a flat , what was the value of the flat?​

Answer 1

%age of commision=2%

Commision paid=₹20000

2% of x=20000

2/100x=20000

2x=20000×100

x=20000×100/2

x=₹1000000