Amala, Bina, and Gouri invest money in the ratio | Quantitative Aptitude – CAT Ratio
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The question below is from previous year CAT question from CAT 2019 exam comes from CAT Ratio: Amala, Bina, and Gouri invest money in the ratio.
Find out by answering this question which tests an aspirant’s Quantitative Ability Skills:
CAT 2019 – Slot -1 - Question 2 - Amala, Bina, and Gouri invest money in the ratio
Q 2: Amala, Bina, and Gouri invest money in the ratio 3 : 4 : 5 in fixed deposits having respective annual interest rates in the ratio 6 : 5 : 4. What is their total interest income (in Rs) after a year, if Bina’s interest income exceeds Amala’s by Rs 250?
1.7250
2.6350
3.7000
4.6000
Ratio of their interest at the end of a year = 3*6 : 4*5 : 5*4 = 18 : 20:20
As per question 20x -18x = 250
2x = 250
X = 125
So total interest = (18+20+20)*x = 58*125 = 7250
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