A man invests Rs. 20000 in a scheme and after that he invests 15% of the remaining amount equally in 20 shares. If he is left with Rs. 51000, what was the amount invested in each share?

Question

Testwala · Accepted Answer

Rs. 450

Testwala · Answer

Explanation: Let the amount invested be Rs. x. According to question, => 20000 + 0.15(x – 20000) + 51000 = x => 20000 + 0.15x – 3000 + 51000 = x => 0.85x = 68000 => x = 80000 Amount invested in 20 shares = 0.15 × (80000 – 20000) = 9000 Amount invested in each share = 9000/20 = Rs. 450

A man invests Rs. 20000 in a scheme and after that he invests 15% of the remaining amount equally in 20 shares. If he is left with Rs. 51000, what was the amount invested in each share?

Answer: D. Rs. 450

Explanation

A man invests Rs. 20000 in a scheme and after that he invests 15% of the remaining amount equally in 20 shares. If he is left with Rs. 51000, what was the amount invested in each share?

Answer: D. Rs. 450

Explanation