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