20.Vikas verma works in a company. His monthly income is ₹80,600. On the occasion of Diwali, the company gives a bonus which is twice of his salary. He invest 30% of bonus is mutual fund which gives interest at the rate of 8.5% per annum. He purchases an LED television and a refrigerator for 25% of the bonus. Half of the remaining amount he spends on the repairing of house and other half on the new cloths, sweets, gifts, crackers etc. answer the following question : i.The amount of bonus is a. ₹1,61,200 b. ₹1,62000 c. ₹1,62,200 d. None ii. The amount he spend on LED and refrigerator is a. ₹40,000 b. ₹40,300 c. ₹45000d. ₹41,200 iii. The amount he will get after 3 years on his investment is; a. ₹12,300 b. ₹12,400 c. ₹12331.8 d. ₹12432.4 iv. The money he spend on the cloths, sweets, gifts, etc is: a. ₹36040 b. ₹35360 c. ₹36400 d. ₹36270
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salary = rs. 80600
bonus = rs. 161200
investment = 30% of 161200 = rs. 48360
i) amount of bonus = rs. 161200 ( option a )
ii) amount on LED and refrigerator = 25% of 161200 =
= rs. 40300 (option b)
iii) S.I = P×R×T /100 = 48360 × 8.5 × 3 /100
= rs. 12331.8 ( option c)
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