Question

find the value of a house in the purchase of which the broker was paid 2% brokerage which amounted to 80000

Answer 1

2%=80,000

1%=40,000. Then 1×10%=400000lakhs.

10×10%= 100%=40,00000

Answer 2

The value of house is 4000000

Step-by-step explanation:

Let the value of house be x

The broker was paid 2% brokerage

Brokerage amount = $2\% x= 0.02 x$

The broker was paid 2% brokerage which amounted to 80000

So, $0.02x = 80000$

$x=\frac{80000}{0.02}$

x=4000000

Hence The value of house is 4000000

#Learn more:

Ravisold his house through a broker by paying rs 6500 as brokerage if the rate of brokerage is 2.5% find the price of the house

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