Amardeep invested a certain amount in Debit and Equity Funds in the ratio of 5:4 respectively....
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Amardeep invested a certain amount in Debit and Equity Funds in the ratio of 5:4 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6:7 in Debit and Equity Funds. If the amount reinvested in Equity Funds was Rs. 1,35,450, what was the original amount invested in Equity Funds? 1. Rs. 62,000 2. Rs. 8,10,007 3. Rs. 86,000 4. Rs. 6,50,007 Amardeep invested a certain amount in Debit and Equity Funds in the ratio of 5:4 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6:7 in Debit and Equity Funds. If the amount reinvested in Equity Funds was Rs. 1,35,450, what was the original amount invested in Equity Funds? 1. Rs. 62,000 2. Rs. 8,10,007 3. Rs. 86,000 4. Rs. 6,50,007
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Related Book For
College Algebra Graphs and Models
ISBN: 978-0321845405
5th edition
Authors: Marvin L. Bittinger, Judith A. Beecher, David J. Ellenbogen, Judith A. Penna
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