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  9. Q15

ibps-rrb-oa 2017 · Question 15 of 56

Babu, 56 years old has 5 crore black money. How much money (in crores) will he get after giving tax to the govt. and penalty on it?

  1. A(a) 2.95
  2. B(b) 3.05Correct
  3. C(c) 3.95
  4. D(d) 4.05
  5. E(e) 0.95

Answer: B. (b) 3.05

Explanation

Tax= (30/100)*5 =1.5 Crore Penalty = (30/100)*1.5 =0.45 crore Total= 1.5+ 0.45 =1.95 crore Required money = 3.05 crores.

Source: IBPS RRB Office Assistant Prelims 2017 Paper (with Answers & Solutions) - Examrace · memory-based

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