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Commission and Brokerage

The Best brok...

Question

The Best broker of Mumbai earns 12% commission on a land property worth ₹16 crores. He earns ______

A

₹19.2 lakhs

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B

₹96 lakhs

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C

₹1.92 Crores

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D

₹2.44 Crores

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Solution

The correct option is C ₹1.92 Crores
Commission earned = $\frac{12}{100} \times 16, 00, 00, 000$
= ₹1.92 Crores

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