- A₹14,00,000
- B₹8,40,000
- C₹9,33,333
- D₹3,36,000
Step-by-Step Solution
The panchayat bears 100 - 60 = 40% of the cost, so 0.40 cost = 5,60,000 and the cost is ₹14,00,000. The state's 60% is then = ₹8,40,000. Check: 8,40,000 + 5,60,000 = 14,00,000. ₹14,00,000 is the whole cost, not the state's part. ₹9,33,333 divides 5,60,000 by 0.60, using the state's rate on the panchayat's amount. ₹3,36,000 takes 60% OF the panchayat's ₹5,60,000 - the wrong base again.
Answer: B) ₹8,40,000