Question

Rajabhau sold his flat to Vasantrao for ₹ 88,00,000 through an agent. The agent charged 2% commission for both of them. Find how much commission the agent got.

Answer 1

Rajabhau sold his flat to Vasantrao for ₹ 88,00,000 through an agent. The agent charged 2% commission for both of them. Find how much commission the agent got.

We have,

Amount of flat ₹ 88,00,000

Agent's commission = 2 %


Rajabhau pay amount commission to agent = 2 % of ₹ 88,00,000

$=\frac{2\times 88,00,000}{100}=₹1,76,000$

Vasant Rao pay amount commission to agent = 2 % of ₹ 88,00,000

$=\frac{2\times 88,00,000}{100}=₹1,76,000$

So, the total commission of agent from both parties = ₹ 1,76,000 + ₹ 1,76,000 = ₹ 3,52,000

Hence, the agent got ₹ 3,52,000 in total.