Shri Lalbhai invested 4,00,000 in some industry. After 1 year he received 5,20,000 from the industry. Putting aside the original investment, he invested his gains in mutual fund and shares in the ratio 3: 2. How much did he invested in shares?
Answers
Answer :
Shri Lalbhai invested ₹72,000 in his shares.
Detailed Explanation :
Given that :
Amount invested by Shri Lalbhai = ₹4,00,000.
Amount recived by Shri Lalbhai after 2 years = ₹5,20,000
So the interests gains = ₹5,20,000 - 4,00,000
= ₹1,20,000
Now it's given that :
He shares the gains in the fixed deposit and in shares in ratio 3:2
∴ Amount invested in shares would be ,
Hence ,
- Shri Lalbhai invested ₹72,000 in his shares.
Question:
Mr.shaikh invested Rs 400000 in a glass industry after 2 years he received Rs 520000 from the industry. Putting aside the original investment,he invested his gains in a fixed deposit and in shares in the ratio 3:2 how much amount did he invest in shares?
To find:
We have to find his investment done by Mr. Shaikh in fixed deposit and shares.
Answer:
Mr. Shaikh invested Rs 72,000 in fixed deposit and Rs 48,000 in shares.
Step-by-step explanation:
Step 1:
First we would find the Mr. Shaikh's profit at the end of the 2 years.
= 5,20,000 - 4,00,000
= 1,20,000
Mr. shaikh profit at the end of the 2 years is Rs 1,20,000.
Step 2:
Given that, Mr. shaikh invest in fixed deposit and shares in the ratio of 3:2.
Amount invested in fixed deposit:
= 3/5 × 1,20,000
= 3 × 24000
= 72,000 rupees
Therefore,
Mr. shaikh invested Rs 7,20,000 in fixed deposit.
Step 3:
We should now find the Amount invested in shares:
= 2/5 × 1,20,000
= 2 × 24,000
= 48,000
Therefore,
,Amount invested by Mr. Shaikh in shares is 48,000.
Mr. Shaikh invested Rs 72000 in fixed deposit and Rs 48,000 in shares.