CMA Final · Strategic Financial Management · Digital Finance
A UPI merchant in Jaipur receives 2,000 transactions a day averaging Rs 450 each. A new government scheme pays an incentive of 0.25% of transaction value on such transactions. Over a 30-day month, what is the incentive earned?
The incentive is Rs 67,500. Monthly transaction value is 2,000 x Rs 450 x 30 = Rs 2,70,00,000, and 0.25% of that equals Rs 67,500.
- ARs 1,01,250Correct
- BRs 6,75,000
- CRs 67,500
- DRs 2,70,000
Explanation
Daily value = 2,000 x 450 = Rs 9,00,000. Monthly value = 9,00,000 x 30 = Rs 2,70,00,000. Incentive = 0.25% x 2,70,00,000 = Rs 67,500. Check: 2,70,00,000 x 0.0025 = 67,500.
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