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Mr. Sarang invests 6% of his monthly salary i.e. Rs 2,100 on insurance policies. Also he invests 8% of his monthly salary on family mediclaim policies and another 9% of his salary on NSCs. What is the total annual amount invested by Mr. Sarang?
A) Rs 11,400
B) Rs 96,600
C) Rs 8,050
D) Rs 9,500
E) None of these
Read Solution (Total 7)
-
- let x be the salary,
if 6% of x=2100,
then x=2100/6%
=35000.
now 9% of x=9%*35000.
=3150.
again 8% of x=35000*8%
=2800.
so total amount are invested monthly=3150+2800+2100=8050.
so annually invested =(3150*12+2800*12+2100*12)=12*8050=96600 - 8 years agoHelpfull: Yes(35) No(1)
- if 6% of x=2100
then x=35000
9%x=3150
8%x=2800
hence total 3150+2800+2100= 8050(opt C) - 8 years agoHelpfull: Yes(4) No(17)
- (E) none of these
let x be the salary,
if 6% of x=2100,
then x=2100/6%
=35000.
now remaining money he has is = 35000 - 2100 = 32900
now from money 32900 he again invest 8% in Medicliam policies= 32900* (8/100) =2632
now remaining money is = 32900- 2632 = 30268
Now from money 30268 he again invest 9% on NSC= 30268 * (9/100) = 2724.15
now the remaining money he has is = 30268- 2724.15 = 27543.88
so total investment is = 2100 + 2632 + 2724.15 = 7456.15
so answer is none of these.(E) - 8 years agoHelpfull: Yes(3) No(6)
- 6% of 2100
then 1% = 350
total % 6+9+8=23
1%=350
23%=350*23=8050=monthly invesment
annualy investment=12*8050=96600 - 7 years agoHelpfull: Yes(2) No(0)
- let the salk is x
x*6/100=2100
x=35000
total annual invastement=2100+35000*8/100+35000*9/100
=2100+2800+3150
=8050 - 8 years agoHelpfull: Yes(0) No(8)
- option c
6%of x = 2100
therefore x=35000 is the total salary
8%of 35000 + 9% of 35000 + 2100 = 8050 - 8 years agoHelpfull: Yes(0) No(7)
- 1%=350 so 6%*350=2100
then
8%*350=2800
9%=add another 350 in de ans of 8% 2800+350=3150
now add all value2100+2800+3150=8050 - 8 years agoHelpfull: Yes(0) No(2)
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