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Study the flow chart shown below to answer the following questions.
For an individual who works for a government organization and owns a house, it is given that he is 35 years old and earns Rs. 15,000 per month. What would be the approved_amt (in Rs.) for him?
A1500000
B1875000
C1600000
D2050000
ENone of these
Answer: Option (Login/Signup)
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correct answer: Option B
The man we keep in consideration in this question in works for government, has own house, salary 15,000, age 35 years. So, for him, formula for calculating the approved ammount of loan is: approved_amt=sal*5*(60-age)
approved_amt=15000*5*(60-35)=Rs. 1,875,000
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