This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
ScanSolve AI Answer
You're on a roll — Step 1: Determine the agent's commission in Kshs. The agent's commission is the difference between the selling price of the land and the amount the seller received. Agent's Commission = Selling Price - Amount Received by Seller Agent's Commission = Kshs 2,500,000 - Kshs 2,000,000 Agent's Commission = Kshs 500,000 Step 2: Calculate the percentage commission. The percentage commission is calculated by dividing the agent's commission by the total selling price and multiplying by 100%. Percentage Commission = Agent's CommissionSelling Price × 100\% Percentage Commission = Kshs 500,000Kshs 2,500,000 × 100\% Percentage Commission = (5)/(25) × 100\% Percentage Commission = (1)/(5) × 100\% Percentage Commission = 0.2 × 100\% Percentage Commission = 20\% What's next?