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.
Who Served as the Surveyor-General of India When Mount Everest Was Named?
Who has been appointed as the new India head of Apple?
Which mild base is used for relief after being stung by a honey bee?
Where is the APJ Abdul Kalam Missile observatory located?
Which of the following statements is correct?
A. In case of Forward Rate Agreement there is an exchange of interest rate
B. FRA is an over...
On which river is the Indirasagar Dam built?
Which ports belong to the western coast of India?
Which three countries are collaborating under the DiGi Framework to support digital infrastructure in India?
What was the percentage of persons below the Poverty Line in rural areas in India, as per the Census 2011?
World Cancer day is observed every year on which date ?