Mr kulkarni got 75000 as a bonus Fir diwali. he invested 72% of this a...
Amount Invested in Mutual Funds:
To find the amount Mr. Kulkarni invested in mutual funds, we need to calculate 72% of his bonus amount.
Bonus amount = Rs 75,000
Amount invested in mutual funds = 72% of Rs 75,000
Let's calculate:
Amount invested in mutual funds = 0.72 * Rs 75,000
Amount invested in mutual funds = Rs 54,000
Therefore, Mr. Kulkarni invested Rs 54,000 in mutual funds.
Percentage Used for Charity and Diwali Purchase:
To find the percentage of the bonus used for charity and diwali purchase, we need to calculate the remaining amount after deducting the donation from the bonus amount. Then, we can calculate the percentage of the remaining amount used for diwali purchase.
Bonus amount = Rs 75,000
Amount donated for charity = Rs 6,000
Remaining amount = Bonus amount - Amount donated for charity
Remaining amount = Rs 75,000 - Rs 6,000
Remaining amount = Rs 69,000
Amount spent on diwali purchase = Remaining amount
Let's calculate:
Percentage used for diwali purchase = (Amount spent on diwali purchase / Bonus amount) * 100
Percentage used for diwali purchase = (Rs 69,000 / Rs 75,000) * 100
Percentage used for diwali purchase = 92%
Therefore, Mr. Kulkarni used 92% of his bonus amount for diwali purchase.
Summary:
- Mr. Kulkarni invested Rs 54,000 in mutual funds, which is 72% of his bonus amount of Rs 75,000.
- He donated Rs 6,000 for charity.
- He spent the remaining amount of Rs 69,000 on diwali purchase, which is 92% of his bonus amount.
Mr kulkarni got 75000 as a bonus Fir diwali. he invested 72% of this a...
Amount invested
in MF = 72/100 * 75000= 54000
Percentage of bonus for charity = 6000/75000=0.08= 8%
Percentage of Diwali = 15000/75000= 20%
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