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IBPS PO Prelims Model Paper 15
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© examsnet.com
Question : 12
Total: 100
A man gave 20% of his salary to his only daughter and only son. The ratio of amount given to daughter and son is 3: 2 respectively. Twice the amount what he gave to his son he invested in mutual funds. Out of the remaining amount he gave one-fourth to his wife. After that he was left with Rs.16800. Find out the amount invested in mutual funds.
Rs. 5600
Rs. 5400
Rs. 5800
Rs. 6200
None of these
Validate
Solution:
(1) Let the salary of man = Rs. x
Amount given by him to his daughter =
3
5
of 20% of Rs.x = Rs.
3
x
25
Amount given by him to his son =
2
5
of 20% of Rs. x =Rs.
2
x
25
Amount invested in mutual funds = 2 × Rs.
2
x
25
= Rs.
4
x
25
Remaining amount after mutual funds =
R
s
.
(
x
−
x
5
−
4
x
25
)
=
R
s
.
16
x
25
Amount given to his wife
1
4
×
16
x
25
=
R
s
.
4
x
25
Net remaining amount = Rs.
16
x
25
−
4
x
25
=
R
s
.
12
x
25
= 16800
⇒ x = 35000
Therefore, the amount invested inmutual funds = Rs. 5600
© examsnet.com
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