Q1 of 59 Page 13

Sindhu sells her scooty for ₹ 28,000 through a broker. The rate of brokerage is 2.5 %. Find the commission that the agent gets and the net amount Sindhu gets.

Let net amount sindhu gets be x

Brokerage rate = 2.5%


Brokerage charges =


Selling price of scooty = 28,000


Selling Price = amount sindhu gets + brokerage charges


= x+0.025x


1.025x = 28,000


x =


x = 27,300 (rounded off, actual value 27317.07)


∴ Money sindhu gets = Rs.27,300


The commission that the agent gets = 28000-27300


= Rs.700


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