The Income Of A Broker Remains Uncharged Though The Rate Of Commissio

1.	The Income Of A Broker Remains Uncharged Though The Rate Of Commission Is Increased From 4 % To 5 % The Percentage Of A Slump In Business Is?
Answer» Let the business value changes from X to y. Then 4 % of x = 5 % of y of 4/100 × x = 5/100 × y or y = 4/5 x. Change in business = (x - 4/5 x) = 4/5 x. PERCENTAGE SLUMP in business = (1/5 x ×1/x × 100)% = 20%. Let the business value changes from x to y. Then 4 % of x = 5 % of y of 4/100 × x = 5/100 × y or y = 4/5 x. Change in business = (x - 4/5 x) = 4/5 x. Percentage slump in business = (1/5 x ×1/x × 100)% = 20%.

The Income Of A Broker Remains Uncharged Though The Rate Of Commission Is Increased From 4 % To 5 % The Percentage Of A Slump In Business Is?

Answer»

Let the business value changes from X to y.

Then 4 % of x = 5 % of y of 4/100 × x = 5/100 × y

or y = 4/5 x.

Change in business = (x - 4/5 x) = 4/5 x.

= (1/5 x ×1/x × 100)% = 20%.

Let the business value changes from x to y.

Then 4 % of x = 5 % of y of 4/100 × x = 5/100 × y

or y = 4/5 x.

Change in business = (x - 4/5 x) = 4/5 x.

Percentage slump in business

= (1/5 x ×1/x × 100)% = 20%.