Armed Forces Classification Test (AFCT) Arithmetic Reasoning Practice Test

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Question: 1 / 160

A person withdrew $3,078 which is 17% of his total investment. What was the total investment?

$15,000

$17,000

$18,106

To determine the total investment based on the amount withdrawn and the percentage that this amount represents, we can set up the problem using a simple formula related to percentages.

The amount withdrawn is $3,078, which represents 17% of the total investment. We can find the total investment by using the formula:

Total Investment = Amount Withdrawn / Percentage (as a decimal)

First, we need to convert the percentage from a whole number to a decimal. In this case, 17% as a decimal is 0.17.

Now, substituting the values into the formula gives us:

Total Investment = $3,078 / 0.17

When we perform this division, we find:

Total Investment = $18,106

Thus, the total investment is $18,106. This confirms that the answer is accurate and demonstrates the correct application of percentage calculations to find the original amount based on a withdrawn sum.

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