Question

A house was sold through an agent with a commission of 2.5% if the net amount received by the house owner is Rs 1209000 find the sale price

Answer 1

x= the initial sale price (without the commission)

selling price with commission =120900

we know that the commission is 2.5% of x = 0.025

x-0.025x=1209000

0.975x=1209000

x= 1209000/0.975=1240000

the initial sale price (without the commission: 1240000

Explanation: