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A broker charged an average commission of 12 percent on two

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Senior Manager
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A broker charged an average commission of 12 percent on two [#permalink] New post 06 Nov 2005, 12:19
00:00
A
B
C
D
E

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0% (00:00) correct 0% (00:00) wrong based on 0 sessions
A broker charged an average commission of 12 percent on two transactions: one for $600 and the other for $900. If his commission for the $900 transaction was 10 percent, what percent was his commission for the $600 transaction?

A) 1%

B) 12%

C) 13%

D) 14%

E) 15%
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 [#permalink] New post 06 Nov 2005, 12:21
0,1*900+x*600=0,12*(600+900)...solve for x...
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 [#permalink] New post 06 Nov 2005, 12:35
total amount is 600 + 900 =1500.
12% of 1500 = 180

10% 0f 900 is 90. so commission on 600 was 90

so 90/600 is 15%

so answer should be 15%.
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Re: PS: Broker commission [#permalink] New post 07 Nov 2005, 06:58
sudhagar wrote:
A broker charged an average commission of 12 percent on two transactions: one for $600 and the other for $900. If his commission for the $900 transaction was 10 percent, what percent was his commission for the $600 transaction?

A) 1%

B) 12%

C) 13%

D) 14%

E) 15%


E = 15%.

Method of solving is same as Nakib's.
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 [#permalink] New post 07 Nov 2005, 19:47
OA is E and the explanation is same as Nakib.
  [#permalink] 07 Nov 2005, 19:47
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