A person receives a commission of 2% in selling a land for ₹2,00,000. What is the commission amount?

₹2000

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₹5000

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₹3000

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₹4000

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Solution

The correct option is D ₹4000
$Commission amount = 2 % of ₹ 2, 00, 000$

$= \frac{2}{100} \times 2, 00, 000$

$= ₹ 4000$

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