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 Note: (i) Amount cannot be withdrawn before maturity period.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
A) Tantamount B) Natural C) Serious D) Equal
The prolific author published three books in a single year.
- Choose the alternative which is closest to the opposite in meaning of the bold word in the sentence.
Peter ate heartily with a quip about being a c... A) Humility B) Humiliation C) Modesty D) Humorous
...In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
Parsimon...
choose the option which represents a pair of either synonyms or antonyms.
MANDATORY
A person who exercises power in a cruel way
DeadlockÂ
Select the most appropriate synonym of the given word
HAVOC
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