ram and shyam wanted to start a hotel with investment of ₹6, 64,500 and ₹7, 64,800 respectively. if the project costs ₹25, 00,000 how much loan should they take form the bank
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Answer:
Loan required of 10,70,700
Step-by-step explanation:
Total money required 25,00,000
Investment of ram- 6,64, 500
Investment of shyam - 7,64,800
Total investment made by ram and shyam - 6,64,500+7,64,800=.1429300
ATQ.. LOAN =money required - money invested
=25,00,000-14,29,300
=10,70,700
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