Question
Download Solution PDFThe given pie chart illustrates the various sources of funding (in Department (PWD) plans to collect for its Phase II Projects.
To support the project with ₹4910 crores through toll collection by an outsourced agency, allowing for a maximum 20% commission, what is the total amount that the outsourced agency should be permitted to collect?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The outsourced agency collects ₹4910 crores through toll collection, with a maximum commission of 20%.
Formula used:
Total amount allowed to collect = Toll collection + Commission
Calculations:
Commission = 20% of ₹4910
⇒ Commission = 4910 × (20/100) = ₹982 crores
Total amount allowed to collect = ₹4910 + ₹982 = ₹5892 crores
∴ The correct answer is option (B).
Last updated on Jul 4, 2025
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