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Answer the following question based on the information given below.
Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.
Also, Amit maintains a data table recording the total amount he has in each of these four categories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.
Q. What were the percentage returns on equities in the year 2004-05?
    Correct answer is '30'. Can you explain this answer?
    Verified Answer
    Answer the following question based on the information given below.Vij...
    The answer to the above question tells us that the returns on equity mutual funds were 25% in 2005-06 and so we can find the amount deposited in equity funds in that year, which is 12000.
    The amount deposited in equities that year is 8000 and from that, we can find the returns on equities in that year, as
    ► 38800 = 22000 x [1 + ( Percentage returns / 100)] + 8000
    ∴ Percentage returns = (30800 / 22000 - 1) x 100 = 40%
    Percentage returns on equity funds in 2004-05 = half of 40% = 20%
    ∴ Amount deposited in equity funds on 1st April, 2005
    ► 23000 - (10000 x 1.2)=11000
    The amount deposited in equities that year is 9000.
    ∴ Percentage returns on equities
    = [22000 - 9000/10000 - 1] x 100 = 30%
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    Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer?.
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It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer?, a detailed solution for Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? has been provided alongside types of Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Answer the following question based on the information given below.Vijay has just started saving enough money and he wants to learn how to invest it in the best possible manner. His friend Amit has agreed to help him. Amit tells Vijay that he invests his money in four broad categories: fixed deposits, equities, equity mutual funds and debt mutual funds. Amit saves Rs. 40,000 every year and deposits all of it across these four categories on 1st April of every year. He started investing in 2004 with equal amounts in the four categories, but since then, the break-up of his deposits across these four categories has differed. However, he ensures that 50% of his yearly savings go into equities and equity mutual funds and the remaining 50% in the other 2 categories.Also, Amit maintains a data table recording the total amount he has in each of these fourcategories as on 1st April of every year (table given below). It is also known that the interest rates on fixed deposits have been decreasing: they were 10%, 9% and 8% per annum in the years 2004-05, 2005-06, and 2006-07 respectively. Amit also remembers that the percentage returns on equities in 2006-07 were five times the percentage returns on debt mutual funds in the same year and the percentage returns on equity mutual funds in 2004-05 and 2005-06 were half of the percentage returns on equities in 2005-06 and 2006-07 respectively. Amit does not remember too many details besides that.Q. What were the percentage returns on equities in the year 2004-05?Correct answer is '30'. Can you explain this answer? tests, examples and also practice CAT tests.
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