Mathematics · Commercial Mathematics - MDR Calculation
A merchant processes 1,000 transactions per month. 600 transactions are via Debit Cards with an average value of ₹1,500. 400 transactions are via Credit Cards with an average value of ₹3,000. The Merchant Discount Rate (MDR) for Debit Cards is 0.40% (capped at ₹200 per transaction). The MDR for Credit Cards is 1.80% (no cap). Calculate the total MDR cost incurred by the merchant in one month.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1₹25,000
- 2₹21,600
- 3₹3,600
- 4₹25,200✓
Correct answer
₹25,200
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Commercial Mathematics - MDR Calculation MCQs →Want more practice questions on Commercial Mathematics - MDR Calculation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Commercial Mathematics - MDR Calculation