Question

for collecting the policies of 50 000 00 an insurance agent gets a commission of 15000 if a Amit collect 18 00000 what of policies find his commission

Answer 1

the commission of 50,000,00 is 15000
then the commission of 18,000,00 is ?.


(1800000× 15000) / 50,000,00

= 5400

Answer 2

Find the commission percentage:

Commission rate = 15,000/5,000,000 x 100 = 0.3%

Find the commission for 1,800,000 :

0.3% x 1,800,000 = 0.003 x 1,800,000 = Rs 5400

Answer: His commission is Rs 5400