Mathematics · Aptitude and Numerical Ability
A bank's internal switch handles an average of 4,000 UPI transactions per minute. The NPCI switch charges a transaction fee of 0.10 paise (which is 0.001 Rupees) per transaction for infrastructure maintenance. Assuming the transaction volume remains constant 24/7, calculate the total annual fee (in Rupees) paid by the bank to NPCI for a year consisting of 365 days.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12,10,24,000 Rupees
- 221,024 Rupees
- 32,10,240 Rupees✓
- 421,02,400 Rupees
Correct answer
2,10,240 Rupees
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