Question

Que- In a year Seema earns ₹15,00,000and saves ₹5,00,000. Find the ratio of. i) Divide her savings in ratio 1:3 she wants to put one part in L.I.C. and 3parts of her savings in P.P.F. .So ,how much money she should invert in L.I.C. & P.P.F. respectively.​

Answer 1

Step-by-step explanation:

Given saving amount =500000

let the amount to be put in L.I.C and P.P.F =1x and 3x

(as per ratio)

so,

1x+3x=500000

4x=500000

x=500000/4

x=125000

so,

Seema should invert 125000 Rs. in L.I.C

3x=3(125000)

x=375000

375000Rs. to be inverted in P.P.F