Ms.Sujatha invests 7% ie Rs. 2170, of her monthly salary in mutual fund later she invest 18% of her monthly salary in recurring deposit, Also she invest 6% of her salary on NSC'S what is the total annual ammount invested by Ms. sujatha
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Answer:
Sujata's monthly salary
=Rs.2170×1007=Rs.31000
Percentage monthly investment by Sujata
=7 + 18 + 6 = 31%
=>∴ Sujata's annual investment
=12×31100×31000
=Rs.115320
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