Question

Direction (Q. 61 - 65): Read the following data and table to answer the following questions. There are five persons Jack, Jill, John, Jimmy and Joseph. There are three investment schemes in which these five persons can invest their money. The details of these schemes are given below. Note: (i) Amount cannot be withdrawn before maturity period. (ii) No reinvestment after maturity period is allowed in any scheme. (iii) Total Amount (including interest) is payable at the end of the maturity period.

Jill has to invest Rs 18 lakh wants to invest for a

Q: Jill has to invest Rs 18 lakh wants to invest for a period of not more than 3 years. What is the max

Ashehastoinvestforaperiodofnotmorethan3yearsSohecaninvestineithersharesordebenturesFormaximuminterestheshouldinvestmoremoneyinSharesasithashigherRTratiothanthatofdebenturesSoheinvestsRs10lakhietheupperlimitinsharesandremainingamountindebenturesButthelimitindebenturesisRs6lakhSohecanonlyinvestRs16lakhoutofthetotalamounthehasTotalinterestonthisRs16lakh10L1431006L55100Rs420000Rs150000Rs570000

period of not more than 3 years. What is the maximum possible interest that he can receive by investing in these schemes? (he can invest in more than one scheme)

A Rs 3,10,000

B Rs 3,00,000

C Rs 5,00,000

D Rs 5,70,000

E Rs 3,25,000

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