Arun received a gratuity of 18,60,750₹ on his retirement. He bought a car for 3,25,000₹. He invested 2,70,000₹ in mutual funds and deposited the remaining amount in fixed deposit in a bank. How much money he deposited in fixed deposit ?
Given :
Amount received by Arun on his retirement $= 18,60,750₹$
Amount spent on car $= 3,25,000₹$  
Amount invested in Mutual funds $= 2,70,000₹$
The remaining amount is deposited in a fixed deposit in a bank.
To find :
We have to find the amount deposited in fixed deposit.
Solution :
The amount deposited in fixed deposit $= Total amount received-Total amount spent$
$= 18,60,750-( 3,25,000+2,70,000)$
$= 18,60,750-5,95,000$
$= 12,65,750$
Arun deposited $ 12,65,750₹$ in fixed deposit.
Related Articles
- Arun received a gratuity of ₹18,60,750 on his retirement. He bought a car for ₹3,25,000, invested ₹2,70,000 in mutual funds, and deposited the remaining amount in fixed deposit in a bank. How much money did he put in a fixed deposit?
- Ramesh opened a saving bank account on $23^{rd}$ August $2003$ with a deposit of $₹\ 3000$. He closed his account on $4^{th}$ November 2003 . If the bank paid him $8\ %$. interest, what amount did he receive?
- Daksh buys a plot for Rs. 700,000,0. He sells $\frac{3}{8}$ of the plot at a loss of 6%. At what price he should sell the remaining plot so that he gains 8% on the money invested in the plot?
- Raju bought a book for Rs. 35.65. He gave Rs. 50 to the shopkeeper. How much money did he get back from the shopkeeper?
- A man invested an amount at \( 12 \% \) per annum simple interest and another amount at \( 10 \% \) per annum simple interest. He received an annual interest of Rs. \( 2600 . \) But, if he had interchanged the amounts invested, he would have received Rs. 140 less. What amounts did he invest at the different rates?
- Adi had Rs. 50. He spends two fifths of it.(a) How much money does he spend?(b) How much money is left?
- Adi had Rs. 50. He spends two fifths of it.(a) How much money does he spend?(b) How much money was left?
- Finding the date at which money deposited equals a specific amount in JavaScript
- Mr Lama earns Rs. 5,600 in a week. He spends Rs. 300 for food and Rs. 50 for transportation every day. How much money does he save in a week?
- A person earns rupees thousand in a day he spent $\frac{2}{9}$ of it on transport and $\frac{3}{8}$ of it on food. How much money does he save in a day?
- Gagan bought a plot of land for 2,35,000/-. He built a boundary wall around the plot and leveled the land and sold it for 35,00,000/-, thus making a profit of 40% on his investment. How much did he spend as overhead charges?
- Ahmed is moving in his car with a velocity of $45\km/h$. How much distance will he cover in one minute?
- Ahmed is moving in his car with a velocity of $45\ km/h$. How much distance will he cover in one second?
- Raju is moving in his car with a velocity of $50\ km/h$. How much distance will he cover in 5 minutes?
- Siddique deposited rupees 4000 in his bank account in January, withdrew rupees 3500 in February and deposited rupees 5000 in March and withdrew rupees 2000 in April what was his balance in may ?
Kickstart Your Career
Get certified by completing the course
Get Started
Data Structure
Networking
RDBMS
Operating System
Java
MS Excel
iOS
HTML
CSS
Android
Python
C Programming
C++
C#
MongoDB
MySQL
Javascript
PHP
Physics
Chemistry
Biology
Mathematics
English
Economics
Psychology
Social Studies
Fashion Studies
Legal Studies