Skip to main contentSkip to solution

Kamala divided her investment of Rs 100000 between stocks, bonds, and gold. Her investment in bonds was 25% of her investment in gold. With annual returns of 10%, 6%, 8% on stocks, bonds, and gold, respectively, she gained a total amount of Rs 8200 in one year. The amount, in rupees, that she gained from the bonds, was

Entered answer:

Solution

✅ Correct Answer: 900

Let the investment in Stocks =S= S, Bonds =B= B, and Gold =G= G.


Total investment:

S+B+G=1,00,000S + B + G = 1,00,000 ... (1)

Investment in bonds is 25% of investment in gold:

B=25100×G=G4B = \dfrac{25}{100} \times G = \dfrac{G}{4}

G=4BG = 4B ... (2)

Total gain equation (using returns of 10%, 6%, 8% on stocks, bonds, gold):

0.10S+0.06B+0.08G=82000.10S + 0.06B + 0.08G = 8200 ... (3)


From (2), substitute G=4BG = 4B into (1):

S+B+4B=1,00,000S + B + 4B = 1,00,000

S=1,00,000−5BS = 1,00,000 - 5B


Substitute S=1,00,000−5BS = 1,00,000 - 5B and G=4BG = 4B into (3):

0.10(1,00,000−5B)+0.06B+0.08(4B)=82000.10(1,00,000 - 5B) + 0.06B + 0.08(4B) = 8200

10,000−0.5B+0.06B+0.32B=820010,000 - 0.5B + 0.06B + 0.32B = 8200

10,000−0.12B=820010,000 - 0.12B = 8200

0.12B=18000.12B = 1800

B=18000.12B = \dfrac{1800}{0.12}

B=15,000B = 15,000

So the investment in bonds == Rs 15,00015,000.


The question asks for the gain from bonds, not the investment amount.

Gain from Bonds =6%= 6\% of 15,00015,000

=6100×15,000= \dfrac{6}{100} \times 15,000

== Rs 900900

Keyboard Shortcuts

  • Left arrow: Previous question
  • Right arrow: Next question
  • S key: Jump to solution
  • Q key: Jump to question