Question

Viek sold 50 Quintal of wheat at ₹5200 per Quintal through an agent The commision was paid at the rate of 5 percent Find the amount vivek received after selling the wheat​

Answer 1

Answer:

The amount received by Vivek after selling the wheat is Rs.2,47,000.

Explaination:

According to the problem given,

The selling price of each quintal wheat = Rs 5200

Selling Price of 50 quintals of wheat ( S.P )

S.P = 50 × 5200 = Rs.2,60,000

Commission paid( C ) = 1 % of Rs.2,60,000

= ( 5/100 ) × 2,60,000

= Rs.13000

Amount received by Vivek after selling  the wheat from agent = S.P - C

= Rs.260000 - Rs.13000

= Rs.2,47,000

Therefore the amount received by Vivek after selling the wheat is Rs.2,47,000.