Question

Which of the following earned the least amount of money for the investment portfolio?

• A. Municipal Bonds
• B. State issued Bonds
• C. Government Bonds \& Securities
• D. Cannot be determined from the given information.

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.

Answer 1

The Correct Option is B

From the “Total Investment Profile”, 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 \(12.56\%\). \[ \boxed{\text{State-issued Bonds}} \]