For collecting the policies of $₹ 50, 00, 000$ an insurance agent gets a commission of $₹ 15000 .$ If Tanmay collects $₹ 80, 00, 000$ worth of policies, find his commission.

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Solution

For collecting the policies of $₹ 50, 00, 000$ an insurance agent gets a commission $= ₹ 15000$
so, the collecting the policies of $₹ 1$ an insurance agent gets a commission $= ₹ \frac{15, 000}{50, 00, 000}$
Thus, Tanmay collect $₹ 80, 00, 000$ worth of policies, then their commission $= ₹ \frac{15, 000}{50, 00, 000} \times 80, 00, 000$
$= ₹ 3, 000 \times 8 = ₹ 24, 000$
Hence, the Tanmay gets a commission on policies of worth $₹ 80, 00, 000$ is $₹ 24, 000$

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For collecting the policies of ₹50,00,000an insurance agent gets a commission of ₹15000.If Tanmay collects ₹80,00,000 worth of policies, find his commission.

For collecting the policies of $₹ 50, 00, 000$ an insurance agent gets a commission of $₹ 15000 .$ If Tanmay collects $₹ 80, 00, 000$ worth of policies, find his commission.