Question

(c) Ramesh sold his share from a printing press through an agent. He paid 3% commission to the agent. If he sold his share for Rs. 4,50,000, find (i) commission received by the broker. (ii) net amount received by Ramesh.​

Answer 1

Explanation:

to find the commision he paid its

`4500000 / 100 * 3 = 135000`

to find how much Ramesh got its

`4500000 - 135000 = 4365000`