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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 was the amount deposited in equity mutual funds on 1st April, 2007?
    Correct answer is '13000'. Can you explain this answer?
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    Vijay has just started saving enough money and he wants to learn how t...
    Carrying on from the explanation for the first question, once we get the percentage returns on equities for 2006-07 as 50%, we can find the amount deposited in equities on 1st April, 2007.
    We get, 65200 = (38800 x 1.5) + Amount deposited The amount deposited = 65200 - 58200
    = 7000
    Amit deposits 50% of his savings in Equities and Equity Mutual Funds, the amount deposited in equity mutual funds on 1st April, 2007 is 13000.
    Answer: 13000
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    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 debt mutual funds in the year 2005-06? Correct answer is '12'. Can you explain this answer?

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    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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer?
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    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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. 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 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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. 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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of 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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer?, a detailed solution for 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. 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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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice 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 was the amount deposited in equity mutual funds on 1st April, 2007?Correct answer is '13000'. Can you explain this answer? tests, examples and also practice CAT tests.
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