Question
Use the given information and fill in the boxes with suitable numbers. Smt. Deepanjali purchased a house for Rs 7,50,000 from Smt. Leelaben through an agent. Agent has charged 2 % brokerage from both of them.
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Answer
i. Smt. Deepanjali paid 7,50,000 $\times \frac{2}{100}$
= 7,500 × 2 = Rs 15,000 brokerage for purchasing the house.
= 7,500 × 2 = Rs 15,000 brokerage for purchasing the house.
ii. Smt. Leelaben paid brokerage of Rs 15,000
iii. Total brokerage received by the agent is = 15,000 + 15,000 = Rs 30,000
iv. The cost of house Smt. Deepanjali paid is = 7,50,000 + 15,000 = Rs 7,65,000
v. The selling price of house for Smt.Leelaben is = 7,50,000 – 15,000 = Rs 7,35,000
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