Question:
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 ?
[A].Rs. 30,000
Rs. 50,000
Rs. 60,000
Rs. 90,000
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 ?
[A].
[B].
[C].
[D].
Answer: Option C
Explanation:
Let savings in N.S.C and P.P.F. be Rs. x and Rs. (150000 – x) respectively. Then,
| 1 | x = | 1 | (150000 – x) |
| 3 | 2 |
| x | + | x | = 75000 | |
| 3 | 2 |
| 5x | = 75000 | |
| 6 |
| x = | 75000 x 6 | = 90000 |
| 5 |
Savings in Public Provident Fund = Rs. (150000 – 90000) = Rs. 60000