Question

A property agent gets a commission of $3\%$ by selling an apartment for $₹250000$. Commission received by agent is

• A. $Rs.75000$
• B. $Rs.72500$
• C. $Rs.7500$
• D. $Rs.7250$

Answer 1

The correct option is C

$Rs.7500$

Selling price of the apartment is $=₹250000$
Commission received by the agent $=3\%of₹250000$
$=\frac{3}{100}\times ₹250000$
Commission received $=0.03\times ₹250000$
$=₹7500$