One-third of Ratan's investment in National Savings Certificate is equal to one-half of his investment in FDR. If he has Tk. 1,50,000 as total investment, how much he invested in savings certificate?
Created: 1 year ago |
Updated: 5 months ago
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According to the problem, one-third of Ratan's investment in NSC is equal to one-half of his investment in FDR. We can write this as:
(1/3)x = (1/2)(150,000 - x)
Simplifying this equation, we get:
2x = 3(150,000 - x)
2x = 450,000 - 3x
5x = 450,000
x = 90,000
Therefore, Ratan invested Tk. 90,000 in National Savings Certificate.
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