Mr Kulkarni got 75,000 as a bonus for Diwali.
He invested 72% of this amount in mutual
funds. He donated 6000 for charity and he
spent the remaining amount on Diwali purchase.
Find
a. the amount he invested in mutual funds.
28
Answers
Answer :-
- Mr Kulkarni invested 54,000 in mutual funds.
Given :-
- Mr Kulkarni got 75000 as a bonus for Diwali.
- He invested 70% of this amount in mutual funds.
- He donated 6000 for charity.
- He spent the remaining amount on Diwali purchase.
To find :-
- The amount he invested in mutual funds.
Step-by-step explanation :-
Given, Mr Kulkarni has 75000 in total, which he got as a bonus for Diwali.
He invested 72% of this amount in mutual funds.
That means, he spent 72% of 75,000 in mutual funds.
So, to find the amount he invested in mutual funds, we just have to find how much amount is 72% of 75,000.
Lets proceed!
Converting 72% into fraction,
Cutting off the zeroes,
We are left with,
can also be written as 72.
So, lets multiply the remaining numbers now.
On multiplying,
So, Mr Kulkarni invested 54,000 of his bonus in mutual funds.
________________________________
Know more :-
Lets go deep into the sum now.
In this question, we weren't asked to find out anything except the amount Mr Kulkarni invested in mutual funds.
But here, we will find the remaining amount too, which he spent on Diwali purchase.
Amount invested in mutual funds = 54,000.
Amount donated in charity = 6000.
So, the remaining amount = 54,000 - 6,000 = 48,000.
Therefore, he spent 48,000 on Diwali purchase.
Note :- The remaining amount and the amount donated for charity does not have any relation with this question. All we have to do is find the amount invested in mutual funds. We did so by calculating 72% of 75,000. They have just given this to confuse you. In such type of questions, try to understand what the question is, and then find the answer.
________________________________
Ans
Step-by-step explanation:
Mr Kulkarni invested 54,000 in mutual funds.
Given :-
Mr Kulkarni got 75000 as a bonus for Diwali.
He invested 70% of this amount in mutual funds.
He donated 6000 for charity.
He spent the remaining amount on Diwali purchase.
To find :-
The amount he invested in mutual funds.
Step-by-step explanation :-
Given, Mr Kulkarni has 75000 in total, which he got as a bonus for Diwali.
He invested 72% of this amount in mutual funds.
That means, he spent 72% of 75,000 in mutual funds.
So, to find the amount he invested in mutual funds, we just have to find how much amount is 72% of 75,000.
Lets proceed!
Converting 72% into fraction,
Cutting off the zeroes,
We are left with,
can also be written as 72.
So, lets multiply the remaining numbers now.
On multiplying,
So, Mr Kulkarni invested 54,000 of his bonus in mutual funds.