Ms. Sujata invests 7% i.e. Rs. 2170/- of her monthly salary in mutual funds. Later she invests 18% of her monthly salary in recurring depos… — Answer & Discussion

Ms. Sujata invests 7% i.e. Rs. 2170/- of her monthly salary in mutual funds. Later she invests 18% of her monthly salary in recurring deposits also, she invests 6% of her salary on NSC?s. What is the total annual amount invested by Ms. Sujata ?

ARs. 1, 25, 320/-
BRs. 1, 13, 520/-
CRs. 1, 35, 120/-
DRs. 1, 15, 320/-

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CCommunity09 Apr 2019

Solution
The total percentage of her salary that Sujata invested is 7% + 18% + 6% = 31%
7% of her salary is Rs. 2170.
So, 31% of her salary is 2170/7 * 31 = 9610
So, Sujata invests Rs. 9610 every month i.e 9610*12 = 115320

CCommunity04 May 2019