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Standard X
Mathematics
Systematic Investment Plan
In a Systemat...
Question
In a Systematic Investment Plan, investments are done only on yearly basis.
A
True
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B
False
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Q.
In a Systematic Investment Plan, investments are done only on yearly basis.
Q.
In a Systematic Investment Plan, investments are done on ______ basis.
Q.
A man's monthly income is Rs.34475. He opens a savings account with an initial deposit amount of Rs. 5000 on 1
st
January 2010.He invested in systematic investment plan where Rs. 15000 would be deducted from his salary account on the 20
th
of every month. Salary is credited on 3
rd
of every month. First investment was done on 20
th
February 2010. What is the balance money in his account on 25
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May 2010
Q.
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1,500 investment have?
Q.
A man has Rs. 10,000 to invest. He invests Rs. 4,000 at 5% and Rs. 3,500 at 4%. In order to have a yearly income of Rs. 500, he must invest the remainder at:
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