Q1: 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
B
Rs. 60,000
C Rs. 90,000
D Rs. 50,000
ANS:C -
Rs. 60,000
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
Savings in Public Provident Fund = Rs. (150000 - 90000) = Rs. 60000