1.

A person has to procure an object through series of 9 agents. He agrees to pay 2% of the item cost as commission to first agent. For second agent he agrees to pay 5% more commission than he paid to first, for third agent 5% more than the second and so on. What is the total percentage of commission he paid? (Use 1.095 ≈ 1.55)

A. 20
B. 22
C. 33
D. 27.5
E. 25
Answer» C. 33


Discussion

No Comment Found