What is the rate of commission if an article is sold Rs. 1,000 at a commission of Rs. 40?

Open in App

Solution

Rate of commission is 4%.

Explanation: For Rs.1,000, commission is Rs.40.

For Rs.100, the commission is .

Suggest Corrections

Similar questions

4, 000

6

%

R s .8, 000

8 %

Solve the following problems.

An agent received a commission of Rs. 750 for getting a vehicle sold for Rs. 50,000. Find the rate of commission.

A bike was sold for Rs 48,000 and a commission of Rs 8,640 was received by the dealer. Find the rate of commission.

Join BYJU'S Learning Program