If the deed requires 15% of profit to be transferred to the expansion fund and the total profit is ₹2,00,000, how much will be transferred to the expansion fund?

Correct answer: Thirty thousand rupees

Convert the percentage to decimal: 15% = 0.15. Multiply by total profit: \(2,00,000 \times 0.15 = 30,000\). Thus ₹30,000 is appropriated to the expansion fund. The closest distractor (₹20,000) is wrong because it corresponds to 10% of the profit (or a miscalculation of the percentage). Exam tip: always convert % to decimal and multiply to avoid mistakes (e.g., 15% = 15/100 = 0.15).