Q3 of 59 Page 13

A person insures ₹ 26,000 through an insurance agent. If the agent gets ₹ 650 as the commission, find the rate of commission.

Amount person insures = Rs.26,000

Amount agent gets (Commission) = Rs.650


% of commission =


= 2.5%


∴ Percentage of commission agent gets = 2.5%


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