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Strategies for Professional Growth · Quiz 2 · 1 Dec 2024 · September 2024 term · Set 1

Question 21: [Varun’s Personal Balance Sheet] If Varun takes an educa…

Question 21

+1 markOne correct option

Answer the given subquestions based on the personal balance sheet.

Answer the given subquestions based on the personal balance sheet.

[Varun’s Personal Balance Sheet] If Varun takes an education loan of ₹ 10 lakhs to fund his executive MBA, what will his new net worth be?

  1. A

    ₹ 8,00,000

  2. B

    ₹ 4,50,000

  3. C

    ₹ 9,50,000

  4. D

    ₹ 5,00,000

Show answer

Correct answer

  • B

    ₹ 4,50,000

See the whole paperTake it as a mock test

Question 21 of 25 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 1 Dec 2024, in the September 2024 term (IIT M IMPROVEMENT AN EXAM QIM4 01 Dec). It carries 1 mark.

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