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Ms Banu invests 7% ie Rs 2170, of her monthly salary in mutual funds. Later she invests 18% of her monthly salary in recurring deposits. Also, she invests 6% of her salary on NSC's. What is the total annual amount in- vested by Ms Banu? .
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- His Monthly salary is (2170/7)*100=Rs.31000
His Annual salary is =31000*12=Rs. 372000/
His Annual investment in MF, RD & NSC is (7+6+18)%=31%
Thus His annual investment is (31/100)*372000=Rs.115320
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