Question

Mr Kulkarni got 375,000 as a bonus for Diwali.
He invested 72% of this amount in mutual
funds. He donated 36000 for charity and he
spent the remaining amount on Diwali purchase.
Find
a. the amount he invested in mutual funds.
b.the percentage of the bonushe used for charity and diwali purchase. c.the amount he spent on diwali purchase​

Answer 1

Answer:

a= ₹27000, b = 28% , c= ₹69,000

Step-by-step explanation:

a) Amount invested in mutual funds= 72/100 * 375,000

= ₹270,000

b) Percentage of bonus for charity= 36,000/ 375,000 *100= 9.6%

Percentage of bonus on diwali purchase = 72% - 9.6%= 18.4 %

Percentage of bonus on both charity and diwali purchase = 28%

c) Amount spent on diwali purchase = 18.4/100 *375,000 = ₹69,000