Question

a share agent sells 4000 shares at 45 each and gets the commission at rate of 1.5%. find the amount the agent gets​

Answer 1

Answer:

Rs. 2700

Step-by-step explanation:

Total shares = 4000

Cost of each share = Rs 45

commission = 1.5%

i ) Selling price of Total shares

= 4000 × 45

= Rs 180000

ii ) Commission = 1.5% of Rs 180000

= ( 1.5/100 ) × Rs 180000

= Rs 2700

Therefore ,

Agents commission = Rs 2700

Answer 2

Answer:

2700

Step-by-step explanation:

Shares = 4000

Number of shares = 45

Commission = 1.5%

Total shares = 4000 × 45

= 180000

Commission agent will get = 1.5% of 180000

= 15/1000 × 180000

= 2700

Hope it Helps!!