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Question
Rafique sold flowers worth ₹ 15,000 by giving 4% commission to the agent. Find the commission he paid. Find the amount received by Rafique.
Solution
Selling price of the flowers = ₹ 15,000
Commission rate = 4%
Commission paid to the agent = 4% of ₹ 15,000
= \[\frac{4}{100} \times 15000\]
= ₹ 600
So, the commission paid by Rafique is ₹ 600.
∴ Amount received by the Rafique
= Selling price of the flowers − Commission paid to the agent
= ₹ 15,000 − ₹ 600
= ₹ 14,400
Thus, the amount received by Rafique is ₹ 14,400.
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