A bank agrees to lend a loan to Arvind of Rs. 2,38,75,697 which falls short by 17% for starting his business. How much more loan would he need?
A. 4890203
B. 4375303
C. 5700108
D. 5125533

Options

A. B
B. C
C. A
D. D

Answer

To find out how much more loan Arvind would need, we can follow these steps:

### Step 1: Determine the total amount Arvind needs.
Let’s denote the total amount Arvind needs as \( x \). According to the problem, the amount that the bank agrees to lend him, which is Rs. 2,38,75,697, is 83% of the total amount he needs (since it falls short by 17%).

So, we can write the equation:
\[ 0.83x = 2,38,75,697 \]

### Step 2: Solve for \( x \).
To find \( x \), we can rearrange the equation:
\[ x = \frac{2,38,75,697}{0.83} \]

Now, let's calculate \( x \):
\[ x = \frac{2,38,75,697}{0.83} \approx 2,87,65,900 \]

### Step 3: Calculate the shortfall.
Now that we have the total amount needed, we can find out how much more loan Arvind needs by subtracting the amount the bank is lending him from the total amount needed:
\[ \text{Additional Loan Needed} = x - \text{Loan Given} \]
\[ \text{Additional Loan Needed} = 2,87,65,900 - 2,38,75,697 \]

### Step 4: Perform the subtraction.
Calculating the above:
\[ \text{Additional Loan Needed} = 2,87,65,900 - 2,38,75,697 = 48,90,203 \]

### Conclusion:
Thus, the additional loan Arvind needs is Rs. 48,90,203.

### Final Answer:
A. 4890203

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