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A scheme provides a subsidy of ₹5000 for each of the 2000 beneficiaries. What is
Practice Questions
Q1
A scheme provides a subsidy of ₹5000 for each of the 2000 beneficiaries. What is the total subsidy provided? (2000)
₹5 crores
₹10 crores
₹15 crores
₹20 crores
Questions & Step-by-Step Solutions
A scheme provides a subsidy of ₹5000 for each of the 2000 beneficiaries. What is the total subsidy provided? (2000)
Steps
Concepts
Step 1: Identify the amount of subsidy provided for each beneficiary, which is ₹5000.
Step 2: Identify the total number of beneficiaries, which is 2000.
Step 3: Multiply the subsidy amount (₹5000) by the number of beneficiaries (2000).
Step 4: Calculate ₹5000 * 2000 to find the total subsidy.
Step 5: The result of the multiplication is ₹10,000,000, which can also be expressed as ₹10 crores.
Multiplication
– The question tests the ability to multiply a unit subsidy by the number of beneficiaries to find the total subsidy.
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