1.

Rajabhau sold his flat to Vasantrao for Rs 88,00,000 through an agent. The agent charged 2 % commission for both of them. Find how much commission the agent got.

Answer»

Here, selling price of the flat = Rs 88,00,000 

Rate of commission = 2% 

Commission = 2% of selling price

= \(\cfrac{2}{100}\)× 88,00,000 

= 2 × 88,000 

= Rs 1,76,000 

∴ Total commission = Commission from Rajabhau + Commission from Vasantrao

= Rs 1,76,000 + Rs 1,76,000

= Rs 3,52,000 

∴ The agent got a commission of Rs 3,52,000.



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