Question Detail
The following pie-chart shows the sources of funds(in crores) to be collected by a company. Study the pie-chart and answers the question that follow.
If company could receive a total of Rs. 9695 crores as External Assistance, by what percent (approximately) should it increase the Market Borrowing to arrange for the shortage of funds?
- 4%
- 6%
- 8%
- 10%
Answer: Option B
Explanation:
New funds = 11486 - 9695
= Rs. 1791 crores
Increase in requirement of market borrowing is 1791 crore
Now, 1791 crore is what percent of Market Borrowing
\begin{aligned}
= \frac{1791}{29952}*100\% \\
= 5.98 \%
= 6\%\text{ (approx)}
\end{aligned}
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