Mathematics · Percentage and Financial Calculations
An Indian IT company earns 5,00,000 Euros from cloud services exported to Europe. During the same period, it pays 1,00,000 Euros for server maintenance and 50,000 Euros as commission abroad. Under a Foreign Trade Policy scheme, if the company receives a service export incentive of 7% on its Net Foreign Exchange (NFE) earnings, calculate the incentive amount in Indian Rupees. (Assume 1 Euro = 90 Rupees).
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 125,20,000 Rupees
- 218,90,000 Rupees
- 33,15,000 Rupees
- 422,05,000 Rupees✓
Correct answer
22,05,000 Rupees
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 Percentage and Financial Calculations MCQs →Want more practice questions on Percentage and Financial Calculations?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Percentage and Financial Calculations