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A property dealer sold a house for 600,000 and charged 1% Commission for both the parties. How much did the seller get?
  1. 237000
  2. 495327
  3. 594000
  4. 604378
Explanation

⇒I assume he charged both parties 1% and not a 1 % split between both.

⇒ Rs 600000 sale price

⇒ commission - 6000

⇒ the buyer would pay Rs 600000 plus added commission Rs 6000 = Rs 606000

⇒ The seller would receive Rs 600k less Rs 6000 = Rs 594 000

*****

ND04-12-2022

ND23-6-2023


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