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1. What was the annual salary of Mr. Murthy in 2013 I. Out of the annual salary of Mr. Murthy invested 18% in Mutual Funds and 22% in stocks. He spent 45% of his annual salary on household expenses and saved an amount of INR 4.5 lakhs at the end of the year II. Annual salary of Mr. Murthy increased to 12% from 2012 to 2013 and by this he got a raise of INR 3.6 lakhs in his annual salary.






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