Question

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?

• A. 2,11,344
• B. 17,612
• C. 1,05,672
• D. 35,224

Hint:

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.

Answer 1

The Correct Option is A

Step 1: Find 1% of salary. 
11% \(=\) ₹ 5,236 \(\Rightarrow\) 1% \(=\) \(\frac{5236}{11}=₹ 476\). 

Step 2: Total percent invested per month. 
Total \(=11\%+19\%+7\%=37\%\). 
Monthly investment \(=37\%\) of salary \(=37\times ₹ 476=₹ 17{,}612\). 

Step 3: Annual investment. 
Annual \(=12\times 17{,}612=₹ 2{,}11{,}344\). \[ \boxed{₹ 2{,}11{,}344} \]