3% commission on the sale of the property amounts to ₹ 42660 what is the total value of property?

Answer

To find the total value of the property given that a 3% commission amounts to ₹42,660, we can follow these steps:

### Step-by-Step Solution:

1. **Understand the relationship between commission and total value**:
The commission is a percentage of the total value of the property. Here, 3% of the total value equals ₹42,660.

2. **Set up the equation**:
Let the total value of the property be represented as \( x \). According to the problem, we can express this relationship as:
\[ 3\% \text{ of } x = 42,660 \]
This can be rewritten in equation form:
\[ \frac{3}{100} \times x = 42,660 \]

3. **Solve for \( x \)**:
To find \( x \), we can rearrange the equation:
\[ x = \frac{42,660 \times 100}{3} \]

4. **Calculate the right side**:
First, calculate \( 42,660 \times 100 \):
\[ 42,660 \times 100 = 4,266,000 \]
Now, divide by 3:
\[ x = \frac{4,266,000}{3} = 1,422,000 \]

5. **Final answer**:
Thus, the total value of the property is:
\[ \text{Total value of property} = ₹ 1,422,000 \]

### Summary:
The total value of the property is ₹ 1,422,000.

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