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Question
Broker is an agent who gives a guarantee to seller that the buyer will pay the sale price of goods.
Options
True
False
Solution
This statement is False.
Explanation:
Del Credere Agent is an agent who gives o guarantee to seller that the buyer will pay the sale price of goods.
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Solution: Total selling Price of three cars = 2,40,000 + 2,22,000 + 2,25,000
= `square`
Commision on total sale = 14%
= `14/100 xx square`
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= `17.5/100 xx 2,40,000 = square`
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= `12.5/100 xx 2,22,000 = square`
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Commission on third car = `x/100 xx 2,25,000`
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