CAT 2017 Slot 1 QA Q5 Percentages & Profit-Loss

Question 5 of the Quantitative Ability (QA) section, CAT 2017 Slot 1, with CAT's official answer.

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)

TITA: type in the answer. There are no options and no negative marking.

Answer: 70000 Percentages & Profit-Loss TITA

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