Question
A invested a certain amount in Debt and Equity mutual
funds in the ratio of 5: 6 respectively. At the end of one year, he earned a total dividend of 40% on his investment. After one year he reinvested the amount including dividend in the ratio of 3: 4 in Debt and Equity mutual Funds. If the amount reinvested in Equity mutual Funds was Rs. 83,600, what was the original amount invested in Equity mutual Funds?Solution
Total amount reinvested by A = 83600 x (7/4) = 146300 Total amount invested by him at starting = (100/140) x 146300 = 104500 Required amount = (6/11) x 104500 = 57000
An interest subvention of how much percent was approved on short-term farm loans up to Rs 3 lakh to lending institutions for FY 2022-23 to 2024-25?
Which of the following Sultans of Delhi is known for its market control policy?
Which app has been launched by Kirern Rijiju in june 2020 to keep Indian athletes updated about banned substances?
Who won the women's doubles Australian Open 2020?
Which five countries have recently joined the BRICS group, and what was the occasion that marked their official membership?
Cheetah was officially declared extinct in India in which year?
HCFC-141 b is one of the most powerful ozone-depleting chemicals after Chlorofluorocarbons (CFCs). What is the full form of HCFC?
How many sex chromosomes are there in a normal human being?
The National Income Committee, which was formed to prepare authoritative estimates of India’s national income after independence, was established in w...
What type of climate is found in North Western Europe, West Coast of North America, North of California, Southern Chile, South-eastern Australia and New...
Relevant for Exams:
