Multiple choice

Antony decided that when he retires, he will put 25% of his retirement money in the share market, 20% will be given to an orphanage, 5% to an old age home and the rest will be distributed among his three children Sara, John, and Bill in the ratio 2 ∶ 2 ∶ 1. If Bill received Rs. 25,000 find the money he invested in the share market?

  1. Rs. 50,000

  2. Rs. 52,500

  3. Rs. 60,000

  4. Rs. 62,500

  5. Rs. 65,500

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

Total allocated: 25% + 20% + 5% = 50%. Remaining 50% is distributed among children in ratio 2:2:1 (total 5 parts). Bill gets 1/5 of 50% = 10%. If 10% = Rs. 25,000, then 100% = Rs. 2,50,000. Share market investment = 25% of Rs. 2,50,000 = Rs. 62,500.