Mr.x invested a certain amount in debt and equity funds in the ratio of 4:5.at the end of one year he earned a total dividend of 30% on his investment.after one year he reinvested the amount including the dividend in the ratio 6:7 in debt and equity funds.if the amount reinvested in equity funds was 94500.what was the original amount invested in equity funds
Answers
Answer:
one year he reinvested the amount including dividend in the ratio of 6 : 7 in Debt and Equity Funds. If the amount reinvested in Equity Funds was Rs.94,500/-, what was the original amount invested in Equity Funds ?
A) Rs.75,000/
B) Rs. 81,000/
C) Rs. 60,000/
D) Rs. 65,000/
E) None of these
Correct Answer:
A) Rs.75,000/
Description for Correct answer:
Let the common ratio be x
The amount invested in Debit Funds = 4x
The amount invested in Equiity Funds = 5x
After one year, Mr. X's total amoount (including dividend) = 4x×130100+5x×130100
11.7x
Amount reinvested in Equity Funds = 11.7x×713
11.7x×713=94500
6.3x = 94500
x = 15000
The original amount invested in Equity Funds = 5×15000=Rs.75000/−
Part of solved RBI Grade B questions and answers : Exams >> Bank Exams >> RBI Grade B
Login to Bookmark
Previous Question
Next Question
Report Error
Comments
No comments available
Add your comments here...
Login to post comment
Similar Questions
1). 10 4 3 3.5 6 15 41
A). 3
B). 15
C). 4
D). 6
E). 3.5 -- View Answer
2). 5040 720 120 24 6 3 1
A). 3
B). 6
C). 120
D). 720
E). 24
-- View Answer
3). 140 157 193 242 310 395 497
A). 395
B). 193
C). 310
D). 242
E). 157 -- View Answer
4). 150 148 143 133 116 80 53
A). 133
B). 116
C). 80
D). 148
E). 143 -- View Answer
5). 5 4 6 15 56 285 1644
A). 56
B). 285
C). 6
D). 15
E). 4
-- View Answer
6). Three years ago, Raj's age was equal to the sum of the present ages of his one son and one daughter. Three years ago, the respective ratio between the ages of his daughter and his son that time was 12 : 13. If Raj's wife is 5 years younger to him and her present age is twice the present age of their daughter, what is the present age of their son ? (in years)
A). 27 years
B). 24 years
C). 29 years
D). 26 years
E). 25 years-- View Answer
7). Fredrick after spending 20% of his monthly salary in buying electronic goods and 10% of the monthly salary in repair work of furniture, invested 30% of the remaining amount in fixed deposits. If he was left with Rs.18,963/-, how much is his monthly salary?
A). Rs.38,700/
B). Rs.35,650/
C). Rs.40,200/
D). Rs.37,950/
E). Rs.42,500/ -- View Answer
8). Boat A travels upstream from point X to point Y in 2 hours more than the time taken by Boat B to travel downstream from point Z to point Y. The distance between X and Y is 40 km and that distance between Y and Z is 24km. The speed of Boat A in still water is equal to the speed of Boat B downstream. What is the speed of Boat A in still water? (consider the speed of the current to be the same.
A). 20 km/h
B). 10 km/h
C). 12 km/h
D). 14 km/h
E). 8 km/h -- View Answer
9). An equal sum is invested for seven years in Scheme A offering simple interest at x% p.a. and in scheme B for two years offering compound interest at 10% p.a. (compounded annually). The interest earned from scheme A is thrice of the interest earned from scheme B. Had the rate of interest been x-4% simple interest per annum in scheme A, the difference in the interest earned from both the schemes would have been Rs.700/ . What Was the sum invested in each of the schemes ?
A). Rs.8,000/
B). Rs.5,000/
C). Rs.6,000/
D). Rs.4,500/
E). Rs.10,000/ -- View Answer
10). In a village, 30% of the villagers belong to upper economic class. The number of villagers who belong to middle economic class are 3/2 of the number of villagers who belong to lower economic class. If 6860 villagers belong to lower economic class, what is the population of the village ?
A). 22600
B). 24500
C). 26000
D). 25500
E). 24300 -- View Answer
Home About Us Terms and Conditions Privacy Policy Contact us