Question

A broker charges 2.5% on each transaction. A plot of

land was bought for ` 50,000 and immediately was

sold by him at a loss of 15%. How much did the broker

get as a brokerage ?​

Answer 1

Answer:

Total amount received by broker = Rs 2312.5

Step-by-step explanation:

Given :

• Broker charges (on each transaction) = 2.5 %

• Cost of plot = Rs 50,000

• Plot sold at loss = 15 %

Find :

• Total amount received by broker

Solution :

2.5 % of Rs 50,000 :

⇒ 2.5 / 100 × 50,000

⇒ 1,250

⇒ Rs 1,250 ---------- (I transaction)

__________________________

Plot sold at loss = 15 %

15 % of Rs 50,000

⇒ 15 / 100 × 50,000

⇒ Rs 7,500

⇒ 50,000 - 7,500

⇒ 42,500

Plot price (after 15 % loss) = Rs 42,500

Brokerage = 2.5 %

⇒ 2.5 % of 42,500

⇒ 2.5 / 100 × 42,500

⇒ 1,062.5

⇒ Rs 1,062.5 ------------ (II transaction)

★ Total amount received by broker :

(I transaction) + (II transaction)

⇒ Rs 1,250 + Rs 1,062.5

⇒ Rs 2312.5

Answer 2

$\bf{\gray{\underbrace{\blue{GIVEN:-}}}}$

• A Broker charges on each transaction is 2.5% .C.P of A plot is "Rs.50,000" .

• Plot sold at a loss of 15% .

$\bf{\gray{\underbrace{\blue{TO\:FIND:-}}}}$

• The total amount that the Broker was received .

$\bf{\gray{\underbrace{\blue{SOLUTION:-}}}}$

CASE - 1 :-

✨ 2.5% of Rs.50,000

➳ 2.5/100 × 50000

➳ Rs.1250 -------(1)

CASE - 2 :-

✨ 15% loss of Rs.50000

➳ 15/100 × 50000

➳ Rs.7500

➪ The plot price (After loss) = 50000 - 7500

➪ The plot price (After loss) = Rs.42500

☯︎ Hence, now 2.5% of Rs.42500 .

➳ 2.5/100 × 42500

➳ Rs.1062.5 -------(2)

$\red\therefore$ The total amount received by broker is,

⟹ Equation (1) + Equation (2)

⟹ Rs.1250 + Rs.1062.5

⟹ Rs.2312.5

$\red\therefore$ The total amount that the Broker was received is "Rs.2312.5" .