Home
Class 14
MATHS
Parineeti spends 3/11th part of her mont...

Parineeti spends `3/11`th part of her monthly salary on foodgrains and `28%` on jewellery. She invests the remaining part of her salary in mutual fund and stock shares in the ratio 7:5., the investment in mutual fund is Rs 22176, what is her monthly salary ?

A

Rs 82995.12

B

Rs 83995.12

C

Rs 84995.12

D

Rs 80000

Text Solution

AI Generated Solution

The correct Answer is:
To find Parineeti's monthly salary, we will follow these steps: ### Step 1: Define the monthly salary Let Parineeti's monthly salary be \( x \). ### Step 2: Calculate the amount spent on foodgrains Parineeti spends \( \frac{3}{11} \) of her salary on foodgrains. Therefore, the amount spent on foodgrains is: \[ \text{Amount on foodgrains} = \frac{3}{11} x \] ### Step 3: Calculate the amount spent on jewellery Parineeti spends \( 28\% \) of her salary on jewellery. Therefore, the amount spent on jewellery is: \[ \text{Amount on jewellery} = \frac{28}{100} x = 0.28x \] ### Step 4: Calculate the remaining salary The remaining part of her salary after spending on foodgrains and jewellery is: \[ \text{Remaining salary} = x - \left(\frac{3}{11} x + 0.28x\right) \] ### Step 5: Simplify the remaining salary To simplify the expression for the remaining salary: 1. Convert \( 0.28 \) to a fraction: \( 0.28 = \frac{28}{100} = \frac{7}{25} \). 2. Find a common denominator for \( \frac{3}{11} \) and \( \frac{7}{25} \). The least common multiple of \( 11 \) and \( 25 \) is \( 275 \). Now, convert both fractions: \[ \frac{3}{11} = \frac{3 \times 25}{11 \times 25} = \frac{75}{275} \] \[ \frac{7}{25} = \frac{7 \times 11}{25 \times 11} = \frac{77}{275} \] Now, combine the fractions: \[ \frac{3}{11} x + 0.28x = \frac{75}{275} x + \frac{77}{275} x = \frac{152}{275} x \] Thus, the remaining salary is: \[ \text{Remaining salary} = x - \frac{152}{275} x = \left(1 - \frac{152}{275}\right)x = \frac{123}{275} x \] ### Step 6: Investment in mutual funds and stock shares Parineeti invests the remaining salary in mutual funds and stock shares in the ratio \( 7:5 \). The total parts of the investment are \( 7 + 5 = 12 \). ### Step 7: Calculate the investment amounts Let the total amount invested be \( I \): \[ I = \frac{123}{275} x \] The amount invested in mutual funds is: \[ \text{Mutual fund investment} = \frac{7}{12} I = \frac{7}{12} \cdot \frac{123}{275} x \] We know this amount is \( 22,176 \): \[ \frac{7}{12} \cdot \frac{123}{275} x = 22,176 \] ### Step 8: Solve for \( x \) To find \( x \), we rearrange the equation: \[ x = 22,176 \cdot \frac{12 \cdot 275}{7 \cdot 123} \] ### Step 9: Calculate \( x \) Calculating the right-hand side: 1. Calculate \( 12 \cdot 275 = 3300 \). 2. Calculate \( 7 \cdot 123 = 861 \). 3. Now substitute: \[ x = 22,176 \cdot \frac{3300}{861} \] 4. Calculate \( \frac{3300}{861} \approx 3.83 \). 5. Finally, calculate \( x \): \[ x \approx 22,176 \cdot 3.83 \approx 84,995.12 \] ### Conclusion Thus, Parineeti's monthly salary is approximately \( \text{Rs } 84,995.12 \). ---
Promotional Banner

Similar Questions

Explore conceptually related problems

sarita spends 65% of her salary and the rest she saves . If she saves Rs. 2940 per month , what is her monthly salary ?

Sarita spends 65% of her salary and the rest she saves.If she saves Rs2940 per month, what is her monthly salary?

Saroj invests Rs.72318 ,which is 177% of her annul income in mutual funds.What is her monthly income?

M sdot Pooja invests 13% of her monthly salary, ie.. Rs. 8554 in Mediclaim Policies. Later she invests 23% of her monthly salary on Child Education Policies; also she invests another 8% of her monthly salary on Mutual Funds. What is the total annual amount invested by Ms. Pooja? R s .28952 b. R s .43428 c. R s .173712 d. R s .347424 e. none of these

Divya saves 45.5% of her total salary. Express the part of her savings in decimal form.

Neelima invests Rs. 1568 in mutual fund. which is 28% of his monthly income. What is her annual salary?

Sonali invests 15% of her monthly salary in insurance policies. She spends 55% of her monthly salary in shopping and on household expenses. She saves the remaining amount at X 12750. What is Sonali is monthly income?

Radha got Rs. 17,480 as her monthly salary and over-time. Her salary exceeds the over-time by Rs 10,000 . What is her monthly salary ?