The rent of flats in a colony is ₹9000. A broker gets a commission of 18% on the rent. The number of flats rented for a month is 16. what is the total commission earned by the broker?
A
₹12960
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B
₹6530
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C
₹25920
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D
₹30500
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Solution
The correct option is C ₹25920 Rate of commission = 18% Rent of each flat = ₹9000 Commission earned on each flat = 18%of9000=18100×9000=₹1620 So, total commission earned by broker = 16×1620=₹25920