Mathematics · Percentage and Aptitude
A retail bank implements an AI-driven digital lending module. The traditional manual process had an Operating Cost of ₹2,500 per loan and a Turnaround Time (TAT) of 5 days. The new digital process reduces the Operating Cost by 80 percent and the TAT by 95 percent. What are the new Operating Cost and TAT for the digitalized loan product?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Cost: ₹400; TAT: 1 day
- 2Cost: ₹500; TAT: 12 hours
- 3Cost: ₹2,000; TAT: 2 days
- 4Cost: ₹500; TAT: 6 hours✓
Correct answer
Cost: ₹500; TAT: 6 hours
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
Preparing for Mathematics?
Practice full-length Mathematics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Percentage and Aptitude MCQs →Want more practice questions on Percentage and Aptitude?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Percentage and Aptitude