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Question
A car was sold at Rs80,000 through a broker. The broker charged 2.5% brokerage from both the seller and the buyer. What is the total amount of brokerage received by the broker?
A car was sold at Rs80,000 through a broker. The broker charged 2.5% brokerage from both the seller and the buyer. What is the total amount of brokerage received by the broker?
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Solution
The correct option is B Rs4000
From the buyer side, broker get charge=2.5% of 80000=Rs. 2000
From the seller side, broker get charge=2.5% of 80000=Rs. 2000
Hence total brokerage charge he get=2000+2000=Rs. 4000
From the buyer side, broker get charge=2.5% of 80000=Rs. 2000
From the seller side, broker get charge=2.5% of 80000=Rs. 2000
Hence total brokerage charge he get=2000+2000=Rs. 4000
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, find the amount the owner gets.