If an individual holds Rs. 100 as currency and her currency deposit ratio is 0.75, calculate the total amount of money and the deposits she holds in her bank account respectively.

$\frac{700}{3}, \frac{400}{3}$

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$\frac{400}{3}, \frac{700}{3}$

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$300, 200$

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$200, 100$

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Solution

The correct option is A
$\frac{700}{3}, \frac{400}{3}$

If the currency she holds is Rs. 100 and her cdr is 0.75, she holds $Rs. \frac{400}{3}$ as deposits and $Rs. \frac{700}{3}$ is the total amount of money she has.

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If an individual holds Rs. 100 as currency and her currency deposit ratio is 0.75, calculate the total amount of money and the deposits she holds in her bank account respectively.

The correct option is A 7003, 4003 If the currency she holds is Rs. 100 and her cdr is 0.75, she holds Rs.4003 as deposits and Rs.7003 is the total amount of money she has.

The correct option is A
$\frac{700}{3}, \frac{400}{3}$

If the currency she holds is Rs. 100 and her cdr is 0.75, she holds $Rs. \frac{400}{3}$ as deposits and $Rs. \frac{700}{3}$ is the total amount of money she has.