Mr. X invested a certain amount in Debit and Equity funds in the ratio of 4:5 respectively. At the end of one year, he earned a total dividend of 30% on his investment. After one year he reinvested the amount including dividend in the ratio of 6:7 in Debt and Equity Funds. If the amount reinvested in Equity Funds was INR 94,500/-, what was the original amount invested in Equity Funds?

INR 75,000/-
INR 81,000/-
INR 60,000/-
INR 65,000/-
None of these
Explanation:

Let the common ratio be X

The amount invested in Debit Funds = 4x

The amount invested in Equity Funds = 5x

After one year, Mr. X's total amount (including dividend) = 4x ×130/100 + 5x ×130/100 = 11.7x

Amount reinvested in Equity Funds = 11.7x ×7/13

11.7x ×7/13= 94500

6.3x - 94500

x = 15,000/-

∴ The original amount invested in Equity Funds = 5× 15000 = 75,000/-

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Mr. X invested a certain amount in Debit and Equity funds in the ratio of 4:5 respectively. At the e