CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Fill in the blanks.

Name of the article

Selling price

Rate of commission

Amount of commission

1.

T.V.

Rs. 12,500

2%

2.

Motor bike

Rs. 20,000

Rs. 400

3.

House

2%

Rs. 5,000

Open in App
Solution

1. Selling price of a T.V. = Rs.12,500

Rate of commission = 2%

For Rs.100, the amount of commission is Rs.2.

For Rs.12,500, the amount of commission .

2. Selling price of a motor bike = Rs.20,000

Amount of commission = Rs.400

For Rs.20,000, amount of commission is Rs.400.

For Rs.100, the amount of commission .

Thus, the rate of the commission is 2%.

3. Amount of commission = Rs.5,000

Rate of commission = 2%

If the commission is Rs.2, then the selling price is Rs.100.

If the commission is Rs.5,000, then the selling price .


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Profit or Loss Account
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon