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One-third of Rahul's savings in National S...

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One-third of Rahul's savings in National Savings Certificate is equal to one-half of his savings in Public Provident Fund.

One-third of Rahul's savings in National Savings Certificate is equal to one-half of his savings in Public Provident Fund. If he has Rs. 1,50,000 as total savings, how much has he saved in Public Provident Fund ?
  1. 50000
  2. 60000
  3. 65000
  4. 70000
Asked By : SubramanianCategory : Logical
Answer
b. 60000

Answers

0

Solution:
Total savings S = 150000
1/3 of NS = 1/2 of PF
PF = 1/2 (S - NS)

Substituting the value we get
1/3 NS = 1/2(150000 - NS)

PF = Rs. 60000

Posted By : Geethaa Reply

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