Latest CTS Aptitude Question SOLUTION: Mr. Sarang invests 6% of his monthly salary i.e. Rs 2,100 on insurance policies. Also he invests 8% of his monthly salary on family mediclaim policies and another 9% of his salary

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(#M40156354) CTS Numerical Ability question Keep an EYE

Mr. Sarang invests 6% of his monthly salary i.e. Rs 2,100 on insurance policies. Also he invests 8% of his monthly salary on family mediclaim policies and another 9% of his salary on NSCs. What is the total annual amount invested by Mr. Sarang?
A) Rs 11,400
B) Rs 96,600
C) Rs 8,050
D) Rs 9,500
E) None of these

Asked In CTS ABHINAV PUSHPAM (8 years ago)

Unsolved Read Solution (7)

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Read Solution (7) :

Payal Sasmal  (7 years ago)

let x be the salary,
if 6% of x=2100,
then x=2100/6%
=35000.
now 9% of x=9%*35000.
=3150.
again 8% of x=35000*8%
=2800.
so total amount are invested monthly=3150+2800+2100=8050.
so annually invested =(3150*12+2800*12+2100*12)=12*8050=96600

Is this solution Helpfull? Yes (35) | No (1)  

praveen  (8 years ago)

if 6% of x=2100
then x=35000
9%x=3150
8%x=2800
hence total 3150+2800+2100= 8050(opt C)

Is this solution Helpfull? Yes (4) | No (17)  

santosh mohanty  (7 years ago)

(E) none of these

let x be the salary,
if 6% of x=2100,
then x=2100/6%
=35000.

now remaining money he has is = 35000 - 2100 = 32900

now from money 32900 he again invest 8% in Medicliam policies= 32900* (8/100) =2632
now remaining money is = 32900- 2632 = 30268

Now from money 30268 he again invest 9% on NSC= 30268 * (9/100) = 2724.15
now the remaining money he has is = 30268- 2724.15 = 27543.88

so total investment is = 2100 + 2632 + 2724.15 = 7456.15

so answer is none of these.(E)

Is this solution Helpfull? Yes (3) | No (6)  

abhishek  (6 years ago)

6% of 2100
then 1% = 350
total % 6+9+8=23
1%=350
23%=350*23=8050=monthly invesment
annualy investment=12*8050=96600

Is this solution Helpfull? Yes (2) | No   

shweta kumari  (7 years ago)

let the salk is x
x*6/100=2100
x=35000
total annual invastement=2100+35000*8/100+35000*9/100
=2100+2800+3150
=8050

Is this solution Helpfull? Yes | No (8)  

alpa sharma  (7 years ago)

option c
6%of x = 2100
therefore x=35000 is the total salary
8%of 35000 + 9% of 35000 + 2100 = 8050

Is this solution Helpfull? Yes | No (7)  

vickram  (7 years ago)

1%=350 so 6%*350=2100
then
8%*350=2800
9%=add another 350 in de ans of 8% 2800+350=3150
now add all value2100+2800+3150=8050

Is this solution Helpfull? Yes | No (2)  

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