An organization allows its employees to work independently on consultancy projects but charges an overhead on the consulting fee. The overhead is 20% of the consulting fee, if the fee is up to
₹ 5,00,000. For higher fees, the overhead is ₹ 1,00,000 plus 10% of the amount by which the fee exceeds ₹ 5,00,000. The government charges a Goods and Services Tax of 18% on the total amount (the consulting fee plus the overhead). An employee of the organization charges this entire amount, i.e., the consulting fee, overhead, and tax, to the client. If the client cannot pay more than ₹ 10,00,000, what is the maximum consulting fee that the employee can charge?
Sign in to see the solution
Log in to view the explanation, track your attempts, and keep your progress.
Sign in to UnlockBrowse Practice Questions by Chapters / Topics in Browse Practice Questions by Chapters / Topics in GATE Electronics and Communications
Total Questions
Attempted
% Attempted
Correct
% Correct
| Topic | Questions | Attempted | Correct | |
|---|---|---|---|---|
| Network Analysis | 273 | 0 | 0 | |
| Electronic Devices | 224 | 0 | 0 | |
| Analog Electronics | 395 | 0 | 0 | |
| Digital Electronics | 352 | 0 | 0 | |
| Signals and Systems | 263 | 0 | 0 | |
| Control Systems | 264 | 0 | 0 | |
| Communication System | 340 | 0 | 0 | |
| EMFT - ECE | 273 | 0 | 0 | |
| Engineering Mathematics | 280 | 0 | 0 | |
| General Aptitude | 240 | 0 | 0 |