Mr sinha invests 12% of his monthly salary, i.E rs 3,660 in insurance policies. Later he ivests 16% of his monthly salary on family mediclaim policies;also he invest another 3% of his salary onnscs. What is the total annual amout invested by mr sinha?
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Actual salary =3660*100/12=30500
Investment in a month are
Insurance policy : 3660 +
Family mediclaim :4880
Nscs. : 915
—————
9455
So annual investment is 9455*12= 113460
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Investment in a month are
Insurance policy : 3660 +
Family mediclaim :4880
Nscs. : 915
—————
9455
So annual investment is 9455*12= 113460
=======
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