Mr. Shah is willing to spend up to Rs. 50 lakh for a German luxury car. Luckily he ﬁnds a dealer who says the price of the car is Rs. 42 lakh. Mr. Shah convinces the dealer to give him a 5% discount on the said price. Mr. Shah's consumer surplus is

Mr. Shah is willing to spend up to Rs. 50 lakh for a German luxury car

1.	Mr. Shah is willing to spend up to Rs. 50 lakh for a German luxury car. Luckily he ﬁnds a dealer who says the price of the car is Rs. 42 lakh. Mr. Shah convinces the dealer to give him a 5% discount on the said price. Mr. Shah's consumer surplus is
A.	Rs. 8 lakh
B.	Rs. 10.1 lakh
C.	Rs. 2.1 lakh
D.	Rs. 39.9 lakh
Answer» C. Rs. 2.1 lakh