Manu has invested 30% 0f his capital in petro bonds and rest in a life insurance plan. He has invested rs. 34,000 more in life insurance plan than in petro bonds. How much is the total investment made by manu?
Answers
Answer:
The overall investment is Rs. 85,000.
Explanation:
GIVEN- He put 70% of his money into a life insurance plan and 30% into oil bonds.
TO FIND- the total investment made by manu.
SOLUTION -
Manu's entire capital should be 100X.
He put 70% of his money into a life insurance plan and 30% into oil bonds.
He spends Rs. 34,000 more on life insurance policies than on gasoline bonds.
Thus, 70% of 100x Equals 30% of 100x + 34000 70 X
= 30 X + 34000 70 X - 30 X
= 34000 40 X
= 34000 X
= 3400040 X
= 850
Therefore, the total investment is 100 x 850, or 85000.
Thus, the overall investment is Rs. 85,000.
We can easily find answer by knowing formula . It is important to learn formulas and trick to find amount so we should always learn formula and also know which formula should be applied at which place .
FINAL ANSWER - the overall investment is Rs. 85,000.
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