If the toll is to be collected through an outsourced agen...
The following pie-chart shows the sources of funds to be collected by the National Highways Authority of India (NHAI) for its Phase II projects. Study the pie-chart and answers the question that follow.
Sources of funds to be arranged by NHAI for Phase II projects (in crores Rs.)
If the toll is to be collected through an outsourced agency by allowing a maximum 10% commission, how much amount should be permitted to be collected by the outsourced agency, so that the project is supported with Rs. 4910 crores?
Rs. 6213 crores
Rs. 5827 crores
Rs. 5401 crores
Rs. 5316 crores
Correct answer is C
Amount permitted
= (Funds required from Toll for projects of Phase II) + (10% of these funds)
= Rs. 4910 crores + Rs. (10% of 4910) crores
= Rs. (4910 + 491) crores
= Rs. 5401 crores.