Question
Jill has to invest Rs 18 lakh wants to invest for a
period of not more than 3 years. What is the maximum possible interest that he can receive by investing in these schemes? (he can invest in more than one scheme) Direction (Q. 61 - 65): Read the following data and table to answer the following questions. There are five persons Jack, Jill, John, Jimmy and Joseph. There are three investment schemes in which these five persons can invest their money. The details of these schemes are given below. Note: (i) Amount cannot be withdrawn before maturity period. (ii) No reinvestment after maturity period is allowed in any scheme. (iii) Total Amount (including interest) is payable at the end of the maturity period.Solution
As he has to invest for a period of not more than 3 years. So he can invest in either shares or debentures. For maximum interest he should invest more money in Shares (as it has higher R × T ratio than that of debentures) So he invests Rs 10 lakh i.e the upper limit in shares and remaining amount in debentures. But the limit in debentures is Rs 6 lakh. So he can only invest Rs 16 lakh out of the total amount he has. Total interest on this Rs 16 lakh = 10L × 14 × 3/100 + 6L× 5 × 5/100 = Rs 420000 + Rs 150000 = Rs 570000
In the question below, three sentences are given, each of which has two words highlighted in bold. One of the words in each sentence is inappropriate i...
- A word has been used in the sentences given below. Identify the statement(s) where the word has been used in a contextually and grammatically correct manne...
- Below, a word is given followed by three sentences which consist of that word. Identify the sentence/s which best expresses the meaning of the word. Choose...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statements/s use/s th...
One who believes in many Gods.
Select the most appropriate synonym of the given word.
LACONIC
Select the word , which means the same as the group of word given –
A gigantic statue
In each of the following questions, a word has been given followed by three sentences. Identify the sentence(s) in which the word is used correctly (gr...
In each of the following questions, a word has been given and used in three statements. You are supposed to identify which of the statements/s use/s th...
Select the most appropriate synonym of the given word.
ADVERSARY