A person paid 2% commission to the property dealer when he bought a land worth Rs 6 crore and 75 lakhs What is the amount of commission paid?

FIA Past Papers / All — Multiple-choice practice

  1. A. Rs 1450000
  2. B. Rs 150000
  3. C. Rs 1550000
  4. D. Rs 1350000

Correct answer

Rs 1350000

Explanation

Explanation =2 % of 6,75,00,000 =2/100 x6,75,00,000 = Rs 1350000

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