LIC AAO Model Paper 8

Question : 33 of 160

Marks: +1, -0

Ms. Sujata invests 7% i.e. 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 totel annual amount invested by Ms. Sujata ?

Rs. 1,25,320
Rs. 1,13,520
Rs. 1,35,120
Rs. 1,15,320
None of these

Validate

Solution:

Sujata’s monthly salary = Rs.

({2170×100}/7)

= Rs. 31000
Percentage monthly investment by Sujata = 7+18 + 6 = 31%
∴ Sujata’s annual investment
= 12 ×

{31}/{100}

× 31000 = Rs. 115320

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