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Question

A car was sold at Rs80,000 through a broker. The broker charged 2.5% brokerage from both the seller and the buyer. What is the total amount of brokerage received by the broker?
  1. Rs1000
  2. Rs4000
  3. Rs2500
  4. None of these

A
None of these
B
Rs1000
C
Rs2500
D
Rs4000
Solution
Verified by Toppr

From the buyer side, broker get charge=2.5% of 80000=Rs. 2000

From the seller side, broker get charge=2.5% of 80000=Rs. 2000

Hence total brokerage charge he get=2000+2000=Rs. 4000

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