Parth had a certain amount. He invested 3/4th of it in equity fund, 10% of it in some business, and 5% of it in debentures and remaining amount is Rs 2000. How much amount he had ?
A40000
B42000
C24000
D20000
Answer:
D. 20000
Read Explanation:
Let total amount he had be 100x
He invested in equity fund = 3/4 × 100x = 75x
He invested in business = 10% of 100x = 10x
He gives debt = 5% of 100x = 5x
Remaining amount = Rs. 2000
100x - (75x + 10x + 5x) = 2000
⇒ x = 200
⇒ 100x = 20000