Question

Broker A earns 3% commission and Broker B earns 4%. Broker A sold 50 houses in a month for ₹ 24,00,000 each and Broker B sold 45 houses in a month for ₹ 20,00,000 each.
How much do Broker A and Broker B earn in a month combined?

• A. ₹1.2 Crores
• B. ₹72 Lakhs
• C. ₹54 Lakhs
• D. ₹60 Lakhs

Answer 1

The correct option is B ₹72 Lakhs

Total cost of houses sold by Broker A = 24,00,000$\times$50 = ₹12 crores
Brokerage earned by him = 3% of ₹12 crores = $\frac{3}{100}\times 120000000$ = ₹36,00,000
Total cost of houses sold by Broker B = 20,00,000$\times$45 = ₹9 crores
Brokerage earned by him = 4% of ₹9 crores = $\frac{4}{100}\times 90000000$ = ₹36,00,000
Total Brokerage earned by them = ₹3600000 + ₹3600000 = ₹72,00,000 or ₹72 Lakhs.