IBPS PO Prelims Model Paper 15

(1) Let the salary of man = Rs. x
Amount given by him to his daughter =

3

5

of 20% of Rs.x = Rs.

3x

25

Amount given by him to his son =

2

5

of 20% of Rs. x =Rs.

2x

25

Amount invested in mutual funds = 2 × Rs.

2x

25

= Rs.

4x

25

Remaining amount after mutual funds = Rs.(x−

x

5

−

4x

25

)=Rs.

16x

25

Amount given to his wife

1

4

×

16x

25

=Rs.

4x

25

Net remaining amount = Rs.

16x

25

−

4x

25

=Rs.

12x

25

= 16800
⇒ x = 35000
Therefore, the amount invested inmutual funds = Rs. 5600