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iris [78.8K]
2 years ago
6

a broker gets rs 20000 as commission from sale of a piece of land which costs rs 8000000. Find the rate of commission.​

Mathematics
1 answer:
Airida [17]2 years ago
3 0

Answer:

0.25%

Step-by-step explanation:

Rate of commission

= (commission*100)/cost of land

=( 20000*100)/8000000

= 2000000/8000000

=2/8

= 0.25%

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Equivalencia de-4n+1​
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Answer:

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Step-by-step explanation:

5 0
2 years ago
A binomial probability experiment is conducted with the given parameters. Compute the probability of x successes in the n indepe
-Dominant- [34]

Answer: 0.0031

Step-by-step explanation:

Binomial distribution formula :-

P(x)=^nC_xp^x(1-p)^{n-x}, where P(x) is the probability of x successes in the n independent trials of the experiment and p is the probability of success.

Given : A binomial probability experiment is conducted with the given parameters.

n=9,\ p=0.8,\ x\leq3

Now, P(x\leq3)=P(3)+P(2)+P(1)+P(0)

=^9C_3(0.8)^3(1-0.8)^{9-3}+^9C_2(0.8)^2(1-0.8)^{9-2}+^9C_1(0.8)^1(1-0.8)^{9-1}+^9C_0(0.8)^0(1-0.8)^9\\\\=\dfrac{9!}{3!6!}(0.8)^3(0.2)^6+\dfrac{9!}{2!7!}(0.8)^2(0.2)^7+\dfrac{9!}{1!8!}(0.8)(0.2)^8+\dfrac{9!}{0!9!}(0.2)^9=0.003066368\approx0.0031

Hence,  P(x\leq3)=0.0031

8 0
3 years ago
You plan to borrow $36,500 at a 7.7% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year p
erma4kov [3.2K]

The amount of interest you would be paying in Year 2 is: $2,492.62.

<h3>Interest</h3>

First step is to calculate the Equal Monthly Payment

Equal Monthly Payment=P×r×(1+r)^t/(1+r)^t-1

Where:

P=Principal=$36,500

r=Rate=7.7%

t=Time=7 years

Equal Monthly Payment=36,500×0.077×(1+0.077)^7÷(1+0.077)^7-1

Equal Monthly Payment=36,500×0.077×(1.077)^7÷(1.077)^7-1

Equal Monthly Payment=36,500×0.077×1.6807763÷1.6807763-1

Equal Monthly Payment=4,723.82/0.6807763

Equal Monthly Payment=$6,938.875

Second step is to calculate Year 1 Closing balance

Year 1 Closing balance  = Beginning  balance + Interest - EMI Payment

Year 1 Closing balance=  $36,500 +($36,500×7.7%) - $6,938.875

Year 1 Closing balance=  $36,500 + $2,810.5 -$6,938.875

Year 1 Closing balance =   $32,371.625

Third step is to calculate year 2 interest

Year 2 Interest= $32,371.625×7.7%

Year 2 Interest=$2,492.62

Therefore the amount of interest you would be paying in Year 2 is: $2,492.62.

Learn more about interest here:brainly.com/question/15259578

#SPJ1

8 0
1 year ago
Help due today asap Plaese help
fomenos

Answer:

A

Step-by-step explanation:

8 0
2 years ago
Read 2 more answers
For class trip the teachers would like to have one adult for every 10 students there are 190 students on the trip how many adult
dalvyx [7]

19 teachers

I hope this helps

have a great day

8 0
3 years ago
Read 2 more answers
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