ibps-so 2016 · Question 4 of 394

It is now proposed that the branch shall levy a at commission of ₹250 upon every inward remittance credited, without regard to the value of the remittance, and the branch has been asked what such a levy would have yielded had it been in force over the closing quarter of the half year, that is to say over the last three of the six months shown. What commission would the branch have earned over those three months?

1. A₹11,25,000
2. B₹12,00,000
3. C₹12,50,000
4. D₹13,25,000
5. E₹13,75,000Correct