SNAP 2018 Interest Question (Medium)

Question

20 students collected 10000 each 50 of the amount is invested in riskless government securities while the remaining in equities. The return on riskless government securities is 7.8 per annum. If the gain is equally divided among them, then value of gain per student is

Optima Learn · Accepted Answer

Understanding 20 students each collect 10000 50 of each student s amount goes into riskless government securities earning 7.8 per annum, and the gain is divided equally among the students. We need the gain per student. Analyzing Each student s government-securities investment is 50 of 10000 5000. Th

SNAP 2018 Interest — Previous Year Question

SNAP 2018

Quantitative

Interest

Medium

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