If the Government’S Budgetary Allocation for ‘Pension’ is Rs. 1.7 Lakh Crore, Which of the Following is the Closest Approximation of the Total Budget Amount of the Government? - Mathematics

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The pie chart below shows the Indian Government’s interim budget allocation for the year 2019-2020 in percentage terms. All the questions below should be answered solely based on the pie chart below.

If the Government’s budgetary allocation for ‘Pension’ is Rs. 1.7 lakh crore, which of the following is the closest approximation of the total budget amount of the Government?

Options

  • Rs. 27.16 lakh crore.

  • Rs. 46.83 lakh crore.

  • Rs. 10.64 lakh crore

  • Rs. 360.32 lakh crore.

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Solution

Rs. 27.16 lakh crore.

Explanation:

The correct answer is – Rs. 27.16 lakh crore, because if Rs. 1.7 lakh crore amounts to 6.26 percent of the total budget, then the total budget can be calculated as follows:

`[(1.7  "lakh crore")/6.26 xx 100] = "Rs." 27.156  "lakh crore"`.

Therefore, 'Rs. 27.16 lakh crore.' is the closest approximation of the total budget amount. 

Concept: Graph and Charts (Entrance Exam)
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