Mr .Trivedi invested rs 400000in an industry .After 2 years he received rs 520000 from the industry.putting aside the original the original investment he invested the gains in mutual funds and in shares in the ratio 3:2 .How much amount did he invest ineach of the schemes?
Answers
therefore 3+2=5
120000/5=24000
therefore investments is 72000 and 48000
Answer:
The money invested in one share is Rs 72000 and money invested in the other share is Rs 48000 .
Step-by-step explanation:
As given
Mr .Trivedi invested Rs 400000 in an industry .
After 2 years he received Rs 520000 from the industry.
Thus
Gain amount = Received amount - Invested amount
Put all the values in the above
Gain amount = Rs 520000 - Rs 400000
= Rs 120000
Putting aside the original the original investment he invested the gains in mutual funds and in shares in the ratio 3:2 .
Let us assume that the x be the scalar multiple of the amount Mr .Trivedi invest in each of the schemes .
Amount invested in one share = 3x
Amount invested in second share = 2x
Equation becomes
3x + 2x = 120000
5x = 120000
x = 24000
Thus
Amount invested in one share = 3 × 24000
= Rs 72000
Amount invested in second share = 2 × 24000
= Rs 48000
Therefore the money invested in one share is Rs 72000 and money invested in the other share is Rs 48000 .