Find the total loan Sam should take to buy a house worth 50 lakhs rupees if he has ₹ 4264000 in his bank account.

₹ 800000

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₹ 1736000

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₹ 736000

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₹ 632000

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Solution

The correct option is C ₹ 736000
The loan that Sam will have to take is the amount that he's short of 50 lakhs.

Cost of the house = ₹ 50 lakhs
= ₹ 5000000
Money in account = ₹ 4264000
-_______________
Loan amount = ₹ 736000

Sam should take a loan of ₹736000 to buy a house worth 50 lakhs.

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Find the total loan Sam should take to buy a house worth 50 lakhs rupees if he has ₹ 4264000 in his bank account.

The correct option is C ₹ 736000The loan that Sam will have to take is the amount that he's short of 50 lakhs. Cost of the house = ₹ 50 lakhs = ₹ 5000000 Money in account = ₹ 4264000 -_______________ Loan amount = ₹ 736000 Sam should take a loan of ₹736000 to buy a house worth 50 lakhs.