Instructions

The pie chart given below shows the funding arrangements for National Highways Development Projects: Phase 1. Study the chart carefully to answer these questions.

Question 103

If the toll is to be collected through an outsourced agency by allowing a maximum of 10% commission, then how much amount should be permitted to be collected by the outsourced agency, so that the project is supported with Rs. 1690 Crore?

Solution

Commission charged by the outsourced agency = 10% and cost of project = Rs. 1690 crore

=> Amount permitted to be collected = $$1690+(\frac{10}{100}\times1690)$$

= $$1690+169=1859$$ crore

=> Ans - (B)

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If the toll is to be collected through an outsourced agency by allowing a maximum of 10% commission, then how much amount should be permitted to be collected by the outsourced agency, so that the project is supported with Rs. 1690 Crore?

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