Question
A invested a certain amount in Debt and Equity mutual
funds in the ratio of 3: 4 respectively. At the end of one year, he earned a total dividend of 20% on his investment. After one year he reinvested the amount including dividend in the ratio of 2: 3 in Debt and Equity mutualĀ Funds. If the amount reinvested in Equity mutualĀ Ā Funds was Rs. 94,500, what was the original amount invested in Equity mutualĀ Funds?Solution
Total amount reinvested by A = 94500 x (5/3) = 157500 Total amount invested by him at starting = (100/120) x 157500 = 131250 Required amount = (4/7) x 131250 = 75000
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