Maqbool got a life insurance policy of Rs 500,. Rate of annual premium at 4. 5% of the total amount of the policy whereas the policy fee is at the rate of 0. Find the annual premium of the policy...? Mcqs

Maqbool got a life insurance policy of Rs 500,. Rate of annual premium at 4. 5% of the total amount of the policy whereas the policy fee is at the rate of 0. Find the annual premium of the policy...?

(A) Rs, 23750

(B) Rs, 24640

(C) Rs, 25530

(D) Rs, 26420

Source: This question is taken from the Labour Officer/Assistant (Bs-16), Labour Inspector (Bs-14), Junior Patrol Officer (Bs-11), Punjab Ring Road Authority, C&W PPSC Evening Time