Which of the following earned the least amount of money for the investment portfolio?
Show Hint
When a sub-category comes from a pie within a pie, multiply the outer share by the inner share to compare amounts without needing the actual rupee total.
From the “Total Investment Profileâ€, Government Bonds \& Securities form \(48.3\%\) of the whole portfolio.
Inside that bucket (second pie): \(\text{Municipal}=56\%\), \(\text{State-issued}=26\%\), \(\text{Treasury}=18\%\).
Shares of the total portfolio:
\[
\begin{aligned}
\text{Municipal Bonds} &\,= 48.3\%\times 56\% = 27.048\%\,,
\text{State-issued Bonds} &\,= 48.3\%\times 26\% = 12.558\%\,,
\text{Govt.\ Bonds \& Sec. (entire bucket)} &\,= 48.3\% \,.
\end{aligned}
\]
Among the three options compared, the smallest share (and hence the least amount) is \(State-issued Bonds\) at about \(12.56\%\).
\[
\boxed{\text{State-issued Bonds}}
\]
