a broker gets rs 20000 as commission from sale of a piece of land which costs rs 8000000. Find the rate of commission.

asked Sep 19, 2021 207k views

4 votes

5.8k points

Please log in or register to add a comment.

2 votes

Answer:

0.25%

Explanation:

Rate of commission

= (commission*100)/cost of land

=( 20000*100)/8000000

= 2000000/8000000

=2/8

= 0.25%

Cesar Castro answered Sep 24, 2021

6.0k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers