Banking Quantitative Aptitude Ratio and Proportion Question Bank Ratio and Proportion

  • question_answer
    Mr. X invested a certain amount in Debit and Equity funds in the ratio of 4 : 5 respectively. At the end of the one year, he earned a total dividend of 30% of his investment, after one year he reinvested the amount including dividend in the ratio of 6 : 7 in Debit and Equity funds. If the amount reinvested in Equity funds was Rs.94500. What was the original amount invested in Equity Funds?

    A) Rs. 75000

    B) Rs.81007

    C) Rs. 60000

    D) Rs.65007

    E) Rs. 63121

    Correct Answer: A


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