Question

Radhika offered 1.5% commission for the first Rs 80,000 and 3% commission for the rest sum of money to a broker to sell a piece of land. If the broker sells the house for Rs 2,30,000, find his total commission​.

Answer 1

The total commission earned by the broker is Rs 5,700.

Step-by-step explanation:

To calculate the total commission, we need to find the commission for the first Rs 80,000 and the commission for the rest of the amount.

Commission for the first Rs 80,000 = 1.5% of Rs 80,000 = Rs 1,200.

Commission for the rest of the amount = 3% of (Rs 2,30,000 - Rs 80,000) = 3% of Rs 1,50,000 = Rs 4,500.

Total commission = Rs 1,200 + Rs 4,500 = Rs 5,700.