Mathematics · Financial Word Problems
Under the Stand-Up India scheme, a tribal entrepreneur is setting up a greenfield project in the trading sector with a total investment of 80,00,000 rupees. The entrepreneur is contributing 10 percent from their own funds and has secured a subsidy of 10 percent from a state government scheme. Calculate the amount of the Stand-Up India loan the bank will sanction.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 110,00,000 rupees
- 280,00,000 rupees
- 360,00,000 rupees✓
- 464,00,000 rupees
Correct answer
60,00,000 rupees
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