Broker A earns 3% commission and Broker B earns 2%. Broker A sold 50 houses in a month for ₹ 20,00,000 each and Broker B sold 45 houses in a month for ₹ 24,00,000 each. How much do Broker A and Broker B earn in a month combined?
A
₹75,20,000
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B
₹1.2 Crores
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C
₹51,60,000
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D
₹72 Lakhs
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Solution
The correct option is C ₹51,60,000 Total cost of houses sold by Broker A = 20,00,000×50 = ₹10 crores Brokerage earned by him = 3% of ₹10 crores = 3100×100000000 = ₹30,00,000 Total cost of houses sold by Broker B = 24,00,000×45 = ₹10.8 crores Brokerage earned by him = 2% of ₹10.8 crores = 2100×108000000 = ₹21,60,000 Total Brokerage earned by them = ₹30,00,000 + ₹21,60,000 = ₹51,60,000