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In each of these questions, one question is given followed by data in three statements I, II and III. You have to study the question and the data in statements and decide the question can be answered with data in which of the Statements and mark your answer accordingly.
What is the amount invested in Scheme ‘’B’’?
Statements: I. The amount invested in Schemes ‘A’ and ‘B’ are in the ratio of 2 : 3 respectively.
II. Amount invested in Scheme ‘A’ is 40% of the total amount invested.
III. Amount invested in Scheme ‘A’ is Rs. 45,000/-.
Both the statements I and II mean the same thing. ie A has 40% of the investment and B has 60% of the investment.
Statement III gives the value of one investment.
So, we can consider one of the two statements. With the ratio of investments and the value of one investment, we can calculate the other.
So, investment in B = 60* 45000/ 40 = 67,500
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