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A rural development scheme aims to build 50 houses at a cost of ₹1.5 lakhs each.

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Question: A rural development scheme aims to build 50 houses at a cost of ₹1.5 lakhs each. What is the total cost of the project?

Options:

  1. ₹50 lakhs
  2. ₹60 lakhs
  3. ₹70 lakhs
  4. ₹75 lakhs

Correct Answer: ₹60 lakhs

Solution: 

Total cost = 50 houses * ₹1.5 lakhs = ₹75,000,000 or ₹75 lakhs.

A rural development scheme aims to build 50 houses at a cost of ₹1.5 lakhs each.

Practice Questions

Q1
A rural development scheme aims to build 50 houses at a cost of ₹1.5 lakhs each. What is the total cost of the project?
  1. ₹50 lakhs
  2. ₹60 lakhs
  3. ₹70 lakhs
  4. ₹75 lakhs

Questions & Step-by-Step Solutions

A rural development scheme aims to build 50 houses at a cost of ₹1.5 lakhs each. What is the total cost of the project?
  • Step 1: Identify the number of houses to be built. In this case, it is 50 houses.
  • Step 2: Identify the cost of each house. Here, it is ₹1.5 lakhs.
  • Step 3: Multiply the number of houses by the cost of each house to find the total cost. So, calculate 50 houses * ₹1.5 lakhs.
  • Step 4: Perform the multiplication: 50 * 1.5 = 75.
  • Step 5: Since the cost is in lakhs, the total cost is ₹75 lakhs.
  • Multiplication of Costs – The question tests the ability to multiply the number of houses by the cost per house to find the total project cost.
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