SOLUTION: A property dealer charges commission of 2% on first Rs 50,000 and 1.5% on the remainder. What commision does he charge for selling a plot for Rs 1,25,000

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Question 888288: A property dealer charges commission of 2% on first Rs 50,000 and 1.5% on the remainder. What commision does he charge for selling a plot for Rs 1,25,000
Answer by JulietG(1812) About Me  (Show Source):
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Is that 1,250,000?
If so, then the first 50,000 is charged 1,000 commission.
That leaves 1,200,000 at 1.5%, or 18,000. Total commission = 18,000 + 1,000 = 19,000
.
If it's 125,000, then
The first 50,000 = 1,000
Leaving 125000-50000 or 75,000 on which 1.5% commission is earned, or 1125.
1000 + 1125 = 2125