The exercise duty at rate of 150% one has to pay against amount of Rs 3,00,000 is?
- Rs 450,000
- Rs 90,000
- Rs 120,000
- None of these
Explanation
To calculate the exercise duty at a rate of 150% on an amount of Rs 3,00,000, you need to follow these steps:
Understand the Rate: The rate of 150% means you need to calculate 150% of Rs 3,00,000.
Convert the Percentage to a Decimal: 150% can be written as 1.5 in decimal form.
Multiply the Amount by the Rate:
Exercise Duty=Amount×Rate
Exercise Duty=3,00,000×1.5
Exercise Duty=4,50,000
Related MCQs
ایک طالب علم معیاری ٹیسٹ میں 84 ویں فیصد پر ہے۔ اس کا سب سے زیادہ قابل دفاع مطلب کیا ہے؟
- About 84% of the reference group scored no higher
- The learner answered exactly 84% of the items correctly
- The learner's raw score is 84 points above the mean
- Exactly 84% of all test items were easier for the learner