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Question

Mr. Talwar sold a house to Mr. Khanna through a broker for ₹48 lakhs. The broker received 2% commission from both of them. How much commission did the broker receive overall?

A
₹95600
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B
₹1,82,000
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C
₹1,92,000
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D
₹1,02,000
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Solution

The correct option is C ₹1,92,000
Price of the house = ₹48,00,000
2% commission = 2100×4800000 = ₹96000.
Total commission received = 96000 + 96000 = ₹192000

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