Symbiosis National Aptitude Test SNAP 2016 Paper

Question : 19 of 150

Marks: +1, -0

Deepti invests 11% of her monthly salary i.e., ₹ 5,236 in Fixed Deposits. Later she invests 19% of her salary on Life insurance policies. Also, she invests 7% of her monthly salary on Mututal funds. What is the total annual amount invested by Deepti?

₹ 2,11,344
₹ 17,612
₹ 1,05,672
₹ 35,224

Validate

Solution:

Let monthly income = x

{11x}/{100}

= 5236
⇒ x = ₹ 47600 (Monthly income)
total monthly amount invested by Deepti
= 47600 × (11 + 19 + 7)%
= 47600 ×

{37}/{100}

= ₹ 17,612
total annual amount invested by Deepti = 17612 × 12
= ₹ 2,11,344

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