Anjali purchased a house for Rs 1,61,072. She wants to sell it for a profit of exactly 11%.However she doesn’t want to sell it herself.She wants a real estate agent to sell it for her.The agent must take a commission of exactly 5.9%(in addition to Anjali 11% profit).How much must the agent sell the house for?
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Step-by-step explanation:
house purchase amount 161072 Rs
Anjli want to sold it @11%
Agennt commision @5.9%
total profit % will be 11+5.9=16.9%
=161072x16.9/100
=27221.16
selling price =purchase +profit gain amount
=161072+27221.16
=188293.16 Rs
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