Answer: c
Explanation:
$$\eqalign{ & {\text{His bonus}}, \cr & = \frac{{ {20 \times 1000000} }}{{100}} \cr & = 2\, \text{lakh} \cr & {\text{Total}}\,{\text{profit}} = {\text{Net}}\,{\text{profit}} + \frac{{ {10 \times {\text{net}}\,{\text{profit}}} }}{{100}} \cr & 1.32\,\text{lakh} = {\text{Net}}\,{\text{profit}} \times \left[ {1 + {\frac{{10}}{{100}}} } \right] \cr & {\text{Net}}\,{\text{profit}} = \frac{{132000}}{{1.1}} = 120000 \cr & {\text{Commission}} = \left( {{\text{Total}}\,{\text{profit}} – {\text{Net}}\,{\text{profit}}} \right) \cr & = 132000 – 120000 \cr & = 12000 \cr & {\text{Hence}}, {\text{his}}\,{\text{total}}\,{\text{earnings}} \cr & = 2\,\text{lakh} + 12000 \cr & = Rs.\,212000 \cr} $$