Question

Rafique sold flowers worth ₹ 15,000 by giving 4% commission to the agent. Find the commission he paid. Find the amount received by Rafique.

Answer 1

Selling price of the flowers = ₹ 15,000

Commission rate = 4%

Commission paid to the agent = 4% of ₹ 15,000 = $\frac{4}{100}\times 15000$ = ₹ 600

So, the commission paid by Rafique is ₹ 600.

∴ Amount received by the Rafique

= Selling price of the flowers − Commission paid to the agent

= ₹ 15,000 − ₹ 600

= ₹ 14,400

Thus, the amount received by Rafique is ₹ 14,400.