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CAT 2017 Interest — Previous Year Question

Year

CAT 2017

Section

Quantitative

Topic

Interest

Difficulty

Medium

Question

Slot-1

Ravi invests 50% 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: [TITA]

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