When Patel bought some farm implements priced at Rs 6,500 through an agent for Rs 6,630, what was the commission he paid to the agent? What as its rate percent?
Selling Price = Rs 6500
Amount paid to agent = Rs 6630
Commission = (Amount paid to agent- Selling Price) = Rs 130
Rate of commission ![]()
⇒ Rate of commission ![]()
⇒ Rate of commission = 2%
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