SOLUTION: a broker takes 2% as commission for the sale of property of value upto Rs.3,00,000. if the sale price is more that this, the broker charges 1.5% for the remaining amount. If a prop

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: a broker takes 2% as commission for the sale of property of value upto Rs.3,00,000. if the sale price is more that this, the broker charges 1.5% for the remaining amount. If a prop      Log On


   

Question 523020: a broker takes 2% as commission for the sale of property of value upto Rs.3,00,000. if the sale price is more that this, the broker charges 1.5% for the remaining amount. If a property was sold for rs.4,50,000, what was the broker's commission?
Answer by mananth(16946) About Me  (Show Source):
You can put this solution on YOUR website!
2%on 300000 + 1.5% 0n 150000
2/100 * 300000 + 1.5/100 * 150000
6000+2250
= Rs8250 total commission