Worked Examples · Example 1
Q.An agent sells goods worth ₹75,000 on behalf of his principal and is paid commission at the rate of 4%. Find the commission the agent earns.
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✓ Free question
The turnover (value of goods sold) is ₹75,000 and the rate of commission is .
Independent check: of ₹75,000 is ₹750; four times ₹750 is ₹3,000, which matches.
✓Final answer
The agent earns ₹3,000 as commission.
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