Mr.shaikh invested Rs 400000 in a glass industry after 2 years he received Rs 520000 from the industry . putting aside the original investment,he invested his gains in a fixed deposit and in shares in the ratio 3:2 how much amount did he invest in shares?
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Answered by
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Invest in share=48000 rupees
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Answered by
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He invested Rs. 72000 in shares.
Step-by-step explanation:
Since we have given that
Amount invested = Rs. 400000
Amount received after 2 years = Rs. 520000
So, Interest earned = gains =
So, he shares the gains in fixed deposit and in shares in the ratio of 3:2.
Amount invested in shares would be
Hence, he invested Rs. 72000 in shares.
# learn more:
Mr. Shaik invested Rs. 4,00,000 in a glass industry
After 2 years he received Rs. 5,20,000 from the
industry putting aside the original investment he
invested his gain in a fix deposite and in shares in
the ratio 3:2 how much amount did he invest
originally in each of the scheme
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