Ravi invests 50% of his monthly savings in fixed deposits. Thirty percent of the rest of hiâˆšâˆšs 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

As per the question from CAT 2017 – Quantitative Aptitude – Arithmetic – Percentages, we can assume that,

Total amount of savings as â€˜sâ€™

Amount kept in FD = 0.5s

Savings left = 0.5s

Amount kept in stocks = (0.3) * (0.5) * s = 0.15s

Amount kept in Bank Account = (0.7) * (0.5) * s = 0.35s

Amount deposited in the bank = 0.5s + 0.35s = 0.85s = 59500. So, s = 70000.

Answer: 70000

Quantitative Aptitude – Arithmetic – Percentages – Q1: In a village, the production of food grains increased by 40% and the per capita production of food grains increased by 27% during a certain period.

Quantitative Aptitude – Arithmetic – Percentages – Q2: Out of the shirts produced in a factory, 15% are defective, while 20% of the rest are sold in the domestic market. If the remaining 8840 shirts are left for export, then the number of shirts produced in the factory is

Quantitative Aptitude – Arithmetic – Percentages – Q3: The number of girls appearing for an admission test is twice the number of boys. If 30% of the girls and 45% of the boys get admission, the percentage of candidates who do not get admission is

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Quantitative Aptitude – Arithmetic – Mixtures – Q2: Bottle 1 contains a mixture of milk and water in 7 : 2 ratio and Bottle 2 contains a mixture of milk and water in 9 : 4 ratio.

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Quantitative Aptitude – Arithmetic – Time and Work – Q2: A person can complete a job in 120 days. He works alone on Day 1. On Day 2, he is joined by another person who also can complete the job in exactly 120 days.

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