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A bank agrees to lend a loan of Rs.2,38,75,697 to Arvind which falls short by 17% for starting his business. How much more loan would he need?
- A4890203
- B4375303
- C5700108
- D5125533
Answer not set
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CCommunity
Let the amount need by Arvind to start business = Rs. x
The amount loaned to him is 17% less than what he needs to start his business. Hence,
x – (17% of x) = Rs. 23875679
0.83 x = Rs. 23875679
x = Rs. 28765900 (approx.)
Amount Arvind needs after obtaining the bank loan = 28765900 – 23875697 = Rs. 4890203
The amount loaned to him is 17% less than what he needs to start his business. Hence,
x – (17% of x) = Rs. 23875679
0.83 x = Rs. 23875679
x = Rs. 28765900 (approx.)
Amount Arvind needs after obtaining the bank loan = 28765900 – 23875697 = Rs. 4890203