✔ Correct Answer: C. Rs. 23750
The correct answer to the question “Ali got a life insurance policy of Rs. 500,000. Rate of annual premium at 4.5% of the total amount of the policy whereas the policy fee is at the rate of 0.25%. Find the annual premium of the policy?” is Rs. 23750. This question belongs to Mathematics. Practice the related questions below to master this topic for your FPSC, PPSC and NTS tests.
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