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A real estate agent receives Rs 50,000 as commission, which is 4% of the selling price. At what price does the agent sell the property? - Mathematics

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प्रश्न

A real estate agent receives Rs 50,000 as commission, which is 4% of the selling price. At what price does the agent sell the property?

बेरीज
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उत्तर

Given, commission received = 50,000

Also, commission percentage = 4%

Need to find out the price of the property

Let the price of the property = Rs. x

⇒ Now, x% of `n = x/100 xx n`

⇒ `4/100 xx x = 50000`

⇒ `x = (50000 xx 100)/4`

⇒ x = 50000 × 25 = Rs. 1250000

Hence, the selling price of the property is Rs. 1250000

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पाठ 9: Comparing Quantities - Exercise [पृष्ठ ३०२]

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एनसीईआरटी एक्झांप्लर Mathematics [English] Class 8
पाठ 9 Comparing Quantities
Exercise | Q 114. | पृष्ठ ३०२

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