Mr X invested a certain amount in Debt and Eq | vedclass

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Question

(A) Let the initial investment in Debt and Equity funds be $4x$ and $5x$ respectively. Total initial investment $= 4x + 5x = 9x$.After one year,he ear

Vedclass · Accepted Answer

$75$

Vedclass · Answer

(A) Let the initial investment in Debt and Equity funds be $4x$ and $5x$ respectively. Total initial investment $= 4x + 5x = 9x$.After one year,he earned a $30\%$ dividend. The total amount becomes $9x 	imes 1.3 = 11.7x$.This total amount is reinvested in the ratio $6:7$. The amount reinvested in Equity funds is $\frac{7}{13} 	imes 11.7x = 94,500$.Calculating $x$: $\frac{7}{13} 	imes 11.7x = 94,500 \implies 7 	imes 0.9x = 94,500 \implies 6.3x = 94,500$.$x = \frac{94,500}{6.3} = 15,000$.The original amount invested in Equity funds was $5x = 5 	imes 15,000 = 75,000$.

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