Ravi's Monthly Savings Allocation
CAT 2017 Slot 1 · Quantitative Ability · Easy · Percentages
This is an easy Quantitative Ability question from the CAT 2017 Slot 1 paper. It tests Percentages. The full answer key and a step-by-step explanation are below — try it yourself first, then reveal the solution.
Ravi invests of his monthly savings in fixed deposits. Thirty percent of the rest of his savings is invested in stocks and the rest goes into Ravi's savings bank account. If the total amount deposited by him in the bank (for savings account and fixed deposits) is Rs 59500, then Ravi's total monthly savings (in Rs) is:
70000
Explanation
Let total savings = . Fixed deposit = . Remaining = . Stocks = of . Savings account = . Total bank deposits = Fixed deposit + Savings account = . Given: . Total savings = .
Related Percentages questions
- #519Pass Marks and Percentage RangeCATQAMCQHard
- #562Shirt Factory Defect and Sales PercentagesCATQAMCQEasy
- #567Village Food Grain Production and Population GrowthCATQAMCQMedium
- #615Arun and Barun's Age RatioCATQATITAEasy
- #623Admission Percentage of CandidatesCATQAMCQEasy
- #1232Appreciation ExchangeCATQAMCQMedium
- #1292White and black metallic ballsCATQATITAEasy
- #4024Investment Returns on Bonds and GoldCATQATITAEasy
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace