For a Charge Product with basis as Turnover, maintenance is done for charge amount given as
follows:
Slab Tier Charge Rate
10,000 0.5%
25,000 1.5%
50,000 2.5%
If the turnover for an account is 33,000, which one is true?
A.
0.5% of 10,000 + 1.5% of 15,000 + 2.5% of 8,000 is the charge amount if Tier is applicable.
B.
1.5% of 33,000 is the charge amount if Tier is applicable.
C.
2.5% of 33,000 is the charge amount if Tier is applicable.
D.
15% of 25,000 + 2.5% of 8,000 is the charge amount if Tier is applicable.
Explanation:
Explanation/Reference:
C would only be the answer if Slab is applicable.