A property dealer sold a house for 600,000 and charged 1% Commission for both the parties. How much did the seller get?
Answer: 594000
Explanation
⇒I assume he charged both parties 1% and not a 1 % split between both.
⇒ Rs 600000 sale price
⇒ commission - 6000
⇒ the buyer would pay Rs 600000 plus added commission Rs 6000 = Rs 606000
⇒ The seller would receive Rs 600k less Rs 6000 = Rs 594 000
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ND04-12-2022
ND23-6-2023
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