A person receives a commission of 2% in selling a land for ₹2,00,000. What is the commission amount?
4000

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Solution

The correct option is A 4000
Commission is the remuneration or the money that commission agent gets for services rendered or products sold.

$Commission amount = 2 % of ₹ 2, 00, 000$

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

$\Rightarrow Commission amount = ₹ 4000$

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A person receives a commission of 2% in selling a land for ₹2,00,000. What is the commission amount?4000

The correct option is A 4000Commission is the remuneration or the money that commission agent gets for services rendered or products sold.​ Commission amount=2% of ₹2,00,000 ⇒Commission amount=2100×2,00,000 ⇒Commission amount=₹4000

A person receives a commission of 2% in selling a land for ₹2,00,000. What is the commission amount?
4000

The correct option is A 4000
Commission is the remuneration or the money that commission agent gets for services rendered or products sold.

$Commission amount = 2 % of ₹ 2, 00, 000$

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

$\Rightarrow Commission amount = ₹ 4000$