Mathematics · Percentages and Commercial Maths
An e-commerce merchant receives 1,000 orders in a day with an average order value of 2,000 rupees across all payments. The breakdown of payments is as follows: - 600 orders paid via UPI (MDR = 0%) - 300 orders paid via Credit Card (MDR = 2.0%) - 100 orders paid via Debit Card (MDR = 0.9%) Calculate the total Merchant Discount Rate (MDR) fee that the merchant must pay to the bank for that day's transactions.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 112,000 rupees
- 213,800 rupees✓
- 315,400 rupees
- 414,200 rupees
Correct answer
13,800 rupees
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