Percentage Practice Test 2 with solutions

Question : 7 of 40

Marks: +1, -0

An agent sells goods of worth Rs 15,000. The commission which he receives at the ratio of

12 1 /2

is:

Solution:

The value of Gold sold by the agent = Rs 15,000
Commission of the agent

= 12 1/2%= 25 /2%

So, commission

= 15,000×25/2×1/100

= Rs 1,875

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