1.

Ms Deepti Jain invests 11% of her monthly salary ie Rs 5,236 in Fixed Deposits Later she invests 19% of her monthly salary on Life Insurance Policies also she invests another 7 % of her monthly salary on Mutual Funds what is the total annual amount invested by Ms Deepti Jain ?1). Rs 2,11,3442). Rs 17,6123). Rs 1,05,6724). Rs 35,224

Answer»

Solution

Let x be monthly SALARY of DEEPTI Jain.
11%of x = 5,236.
x= 47600

Now total INVESTMENT by Deepti Jain = Investment in Fixed Deposit + Investment in Mutual Funds + Investment in Insurance policies
= 19%+11%+7% = 37% of Salary = 37% of 47600
= 17,612


Total amount for 12 MONTH = 12*17612 =2,11,344



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