If one-third of the fund of an endowment was invested in stocks and of the other two-thirds, 25% each was invested in bonds and in mutual fund and the residual amount of Tk. 60,000 was invested in treasury bills. What was the total size of the endowment?

Shohan

8 views

2025-01-04 04:42

1 Answers

Shohan

$\frac{1}{3}$ th was invested in stocks.

Rest was (1 - $\frac{1}{3}$ ) = $\frac{2}{3}$ of the fund

in bonds = $\frac{2}{3}$ x 25%= $\frac{1}{6}$ th & in mutual fund = $\frac{1}{6}$ th of the fund.

Residual part = (I - $\frac{1}{3}$ - $\frac{1}{6}$ - $\frac{1}{6}$ ) = $\frac{1}{3}$

$\frac{1}{3}$ rd of the endowment = 60,000

Total size = 60,000 x 3 = 1,80,000 (Ans:)

8 views Answered 2024-12-14 13:31

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