An auctioneer charges 8% for selling a house. If the house is sold for ₹ 2,30,500. Find the charges of the auctioneer.

Given:

Selling price of the house = ₹ 2,30,500

Auctioneer charges = 8 % of the selling price

Auctioneer charges = 8 % of ₹ 2,30,500

= $\dfrac{8}{100} \times 2,30,500$

= $\dfrac{18,44,000}{100}$

= 18,440

The charges of the auctioneer = ₹ 18,440