Percentage Practice Test 3 with solutions

Question : 29 of 40

Marks: +1, -0

Mrs. Gupta invests 15% of her monthly salary, i.e., Rs. 4428 in Mutual Funds. Later she invests 18% of her monthly salary on pension policies; also she invests another 9% of her salary on Insurance policies. What is the total montly amount invested by Mrs. Gupta?

Rs. 12,398.4
Rs. 13000
Rs. 13398
Rs. 14000

Validate

Solution:

Here, 15% = Rs. 4428
∴ 100% =

4428/15 ×100

= Rs. 29520
Total percentage of investment = 15 + 18 + 9 = 42%
Hence, her total monthly amount invested =

42/100 × 29520

= Rs. 12398.4

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