$30\%$ of $40\%$ of Rs. $5000$ is

$30\%$ of $40\%$ of Rs. $5000$ is
  1. Rs. $350$
  2. Rs. $500$
  3. Rs. $600$
  4. Rs. $700$

Solution

$30\%$ of $40\%$ $= 0.30 \times 0.40 = 0.12 = 12\%$. So $12\%$ of $5000 = 600$.

Asked in: IMO

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