1.

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?1). 48902032). 43753033). 57001084). 5125533

Answer»

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


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