Multiple Choice Questions on Ramesh spent Rs 38460 on the renovation of his home Rs 24468 on buying furniture and remaining 28 of........... for ACIO - Intelligence Bureau Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Ramesh spent Rs. 38460 on the renovation of his home, Rs. 24468 on buying furniture and remaining 28% of the total amount he had as cash with him. What was the total amount ?

    87400

    Correct Answer

    88500

    Incorrect Answer

    89300

    Incorrect Answer

    84600

    Incorrect Answer
    Explanation:

    Let X be the total amount with Ramesh

    Given 28% of X = Cash remaining

    => Amount spent = 72% of X = 38460 + 24468 = 62928

    => 72% of X = 62928

    =>  X = ?

    => X = 87400

    Hence, option 1 is the correct answer.


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