Question:medium
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 and 7% on Mutual Funds. What is the total annual amount invested by Deepti?
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 and 7% on Mutual Funds. What is the total annual amount invested by Deepti?
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When a clean percent value is given for a rupee amount, first compute "1%" and scale up—this avoids solving for the full salary explicitly.
Updated On: Jul 16, 2026
- 2,11,344
- 17,612
- 1,05,672
- 35,224
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The Correct Option is A
Solution and Explanation
Step 1: Since 11% of the monthly salary equals ₹5,236, 1% of the salary is \(5236/11=476\).
Step 2: The total percentage invested monthly is \(11\%+19\%+7\%=37\%\), so the monthly investment is \(37\times476=17{,}612\).
Step 3: The annual investment is \(12\times17{,}612\). \[ \boxed{₹\,2{,}11{,}344} \]
Step 2: The total percentage invested monthly is \(11\%+19\%+7\%=37\%\), so the monthly investment is \(37\times476=17{,}612\).
Step 3: The annual investment is \(12\times17{,}612\). \[ \boxed{₹\,2{,}11{,}344} \]
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