If the toll is to be collected through and outsourced agency by allow…

Question

If the toll is to be collected through and 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. 4…

Accepted Answer

Option C. Rs. 5,401crores. Answer & Solution Answer: Option C Solution: Let the amount permitted to be collected = Rs. x & x = 4910 × ( 1 + 10/100 ) & x = ( 4910 × 110/100 ) & x = 491 × 11 & x = Rs. 5401 crores

If the toll is to be collected through and 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. 4,910 crores?

Solution