A land broker agreed to take a commission of the cost up to first Rs. 20,00,000 at the rate of 2.5% and the next up to Rs. 50,00,000 at the rate of 5% . If a land broker sold the land worth Rs. 60,00,000 . Find the amount of commission that she/he got.

#Solving

According to the question,

2.5% commission is given in sale of first Rs. 20,00,000

5% commission is given in sale of Next Rs. 50,00,000

Commission Amt

20,00,000 * 2.5/100

=50,000

Commissional Amt

60,00,000-40.00.000

40,00,000 * 5/10

=2,00,000

Total Commission = 50,000+ 2,00,000

= 2,50,000

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