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  1. An agent sells goods of value of ₹ 15000. The commission which he receives at the ration of 121/2%, is
    1. ₹1875
    2. ₹2125
    3. ₹2000
    4. ₹2700
    5. None of the above
Correct Option: A

Agent receives commission of the rate = 121/2%
Total value of goods sold = ₹ 15000
∴ Agent's commission = 121/2% of 15000
= [(25/2) x 15000] /100
= ₹ 1875


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