Multiple choice

What is the amount invested in scheme ‘B’? I. The amounts invested in schemes ‘A’ and ‘B’ are in the ratio of 2: 3 respectively. II. Amount invested in scheme ‘A’ is 40% of the total amount invested. III. Amount invested in scheme ‘A’ is Rs 45000.

  1. I and II

  2. I and III

  3. II and III

  4. All I, II and III

  5. III and either I or II

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

Statement III says A = Rs 45000. Statement I says A:B = 2:3, so B = (3/2)*45000 = Rs 67500. Statement II says A = 40% of total, so total = 45000/0.4 = Rs 112500, then B = total - A = 112500 - 45000 = Rs 67500. Either I or II combined with III gives the answer. Thus option E is correct.