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प्रश्न
An agent places insurance for ₹ 4,00,000 on life of a person. The premium is to be paid annually at the rate of ₹ 35 per thousand per annum. Find the agent’s commission at 15% on the premium.
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उत्तर
Policy value = ₹ 4,00,000
Rate of premium = ₹ 35 per thousand p.a.
∴ Amount of premium = `35/1000 xx 4,00,000`
= ₹ 14,000
Rate of commission = 15%
∴ Amount of commission = `14000 xx 15/100`
= ₹ 2100
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