Mathematics · Financial Aptitude
A bank's Product Development team is evaluating a 'Point of Sale' (POS) terminal deployment for small merchants based on the following monthly metrics: 1. Cost of 1 POS Machine: Rs. 10,000 2. Number of Machines deployed: 5,000 3. Monthly Rental per Machine charged to merchant: Rs. 500 4. Merchant Discount Rate (MDR) earned by Bank: 1% of transaction value 5. Average Monthly Transaction Value per Machine: Rs. 2,00,000 6. Interchange Fee paid to Card Issuer: 0.6% of transaction value 7. Maintenance/GPRS cost per machine: Rs. 100/month What is the Total Monthly Operating Profit for the bank from this product deployment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Rs. 55,00,000
- 2Rs. 70,00,000
- 3Rs. 60,00,000✓
- 4Rs. 45,00,000
Correct answer
Rs. 60,00,000
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