Question
Jimmy invests Rs 6 lakh in debentures and some amount
in mutual funds. He receives a total interest of Rs 930000 from both these scheme together. What amount did he invest in debentures? 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 Note: (i) Amount cannot be withdrawn before maturity period.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
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