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Ram invested 20% more than Raja. Raja invested 20% less than Rana. If the total sum of their investment is Rs. 5244, how much amount did Rana invest?
1. Rs. 1890
2. Rs. 9100
3. Rs. 8100
4. Rs. 1800
5. Rs. 1900

1 Answer

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Best answer
Correct Answer - Option 5 : Rs. 1900

Given

Ram invested 20% more than Raja.

Raja invested 20% less than Rana.

Total investment = Rs. 5244

Formula Used

Basic knowledge of addition, multiplication and division

Calculation

Let money invested by Rana = Rs x

Then, money invested by Raja = 4x/5 = 0.8x

Money invested by Ram = 4x/5 × 120/100 = 0.96x

Also, x + 0.8x + 0.96x = 5244

2.76x = 5244

x = 5244/2.76 = 1900

Amount invested by Rana is Rs. 1900.

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