Question: Aniket and Animesh are two colleagues working in PQ Communications, and each of them earned an investible surplus of Rs. 1, 50, 000/- during a certain period. While Animesh is a risk-averse person, Aniket prefers to go for higher return opportunities. Animesh uses his entire savings in Public Provident Fund (PPF) and National Saving Certificates (NSC). It is observed that one-third of the savings made by Animesh in PPF is equal to one-half of his savings in NSC. On the other hand, Aniket distributes his investible funds in share market, NSC and PPF. It is observed that his investments in share market exceeds his savings in NSC and PPF by Rs. 20,000/- and Rs. 40,000/- respectively. The difference between the amount invested in NSC by Animesh and Aniket is:
Let Animesh invest Rs. a in PPF and Rs. b in NSC.
Let Aniket invest Rs. x in PPF.
∴ He invests Rs. (x + 40000) in shares and Rs. (x + 20000) in NSC.
∴ Aniket’s investment in NSC = Rs. 50000
Animesh’s investment in NSC = Rs. 60000
∴ Difference = Rs. 10000
Hence, option (d).