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?
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/-
Directions (Next Five Questions) : In each of these questions, a number series is given. In each series only one number is wrong. Find out the wrong number.
7 13 25 49 97 194 385
32 16 24 65 210 945 5197.5
2 8 12 20 30 42 56
4 12 42 196 1005 6066 42511
3601 3602 1803 604 154 36 12