Start learning 50% faster. Sign in now
ATQ, Maximum possible average investment of the investor will be achieved when three people earn the maximum possible investment i.e., Rs. 5 lakh per month. So, maximum possible average monthly investment of the investors = (5 + 5 + 5 + 2.4) ÷ 4 = Rs. 4.35 lakh Minimum possible average investment of the investor will be achieved when three people earn minimum possible investment i.e., Rs. 2.4 lakh per month. So, minimum possible average monthly investment of the investor = (2.4 + 2.4 + 2.4 + 5) ÷ 4 = Rs. 3.05 lakh Statement I: Since, minimum possible average monthly investment of the investor = (2.4 + 2.4 + 2.4 + 5) ÷ 4 = Rs. 3.05 lakh So, statement I is true. Statement II: Since, minimum possible average monthly investment of the investor = (2.4 + 2.4 + 2.4 + 5) ÷ 4 = Rs. 3.05 lakh So, statement II is not true For statement III: Required difference = 4.35 - 3.05 = Rs. 1.30 lakh Statement III: Since, difference between maximum and minimum investment of the investor = 1.35 - 3.05 = Rs. 1.30 lakh So, statement III is true.
The "Xtra Credit Card" launched by RBL Bank offers cashback on fuel purchases with which company?
How does the PM-MKSSY contribute to economic growth?
In April 2024, which police station of Haryana got the award for best Police station?
According to the 2011 census, what percentage of India's population is engaged in secondary work?
‘Dahi Handi’ has been made an official sport of which state?
Who was the first astronaut to walk on the moon?
Which city has been declared as Nepal’s first ‘healthy city’ by the World Health Organization (WHO)?
Nanda Devi National Park was established in the year?
Which country was the first to implement Goods and Services Tax (GST)?
Who has received the ‘Patangrao Kadam Award’?