Question

C) A building owner fixed the cost of his building as Rs 15,84,000 and the price

above the fixed cost goes to an agent as his commission. If the agent sold it for
Rs 16,71,120, find his commission percent.
Plz solve it .​

Answer 1

5.5%

Explanation:

Firstly, we find the difference between the fixed cost and the price above the fixed cost

We have this as;

1, 671,120 - 1,584,000 = 87,120

now, we have to divide this value by the fixed cost and express as a percentage

we have this as;

87,120/1,584,000 * 100% = 5.5%