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An agent sold a car and charged 3% commission on sale value. If the owner of the car received Rs.48,500, find the sale value of the car. If the agent charged 2% from the buyer, find his total remuneration. |
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Answer» Let sale VALUE of the car be ? X. Since, agent charged 3% COMMISSION on the sale value .. Agent's commission from seller = 3% of sale value = 3% of x = 100 3x 100 Amount received by the owner = Sale value of the car - Agent's commission 3x . 48500 = x – 100 .. 48500 100 48500 x 100 .: X = 97 .. X = 7 50,000 :. Sale value of the car is ? 50,000. . Agent's commission from seller = 3% of sale value .. 3% of ? 50,000 3 x 50, 000 100 = 7 1,500 Also, he charged 2% commission to the buyer. .. Agent's commission from buyer = 2% of sale value = 2% of ? 50,000 2 х 50,000 100 = 7 1000 . Agent's total remuneration = Commission from seller + Commission from buyer = 1,500 + 1,000 = 7 2,500 .. Sale value of car is { 50,000 and total remuneration of the agent is 2,500. Hope it helps PLS mark me brainilest..! |
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