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    How much money did Ms. Malini receive as retirement funds

    Out of the total money received Ms. Shalini gave 25% to her husband and 10% to her daughter. Out of the remaining she invested 30% in Mutual funds, 60% in Pension fund scheme and remaining INR 2,60,000/-, she spent on miscellaneous items.

    Out of the total money received Ms. Shalini invested 58.5% in various schemes, gave 35% of the total money received to her husband and daughter and remaining money she spent on miscellaneous items.

  • If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.
  • If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question
  • If the data either in statement I alone or in statement II alone are sufficient to answer the question.
  • If the data given in both statements I and II together are not sufficient to answer the question.
  • If the data in both statements I and II together are necessary to answer the question.
  • Explanation:

    I.Let Ms. Malini received as retirement funds

    = INR x

    Amount given to her husband and daughter

    x×35/100= (7/20)x

    Remaining amount =x-7x/20

    =13/20x

    Amount invested from remaining amount

    = 13x/20×90/100

    =117/200x

    Final remaining amount = 13x/20-(117/200)x

    =130x-117x/200

    =13x/200

    Now, according to statement, 

    13x/200=260000

    x=INR 40,00,000/-


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