Armed Forces Classification Test (AFCT) Arithmetic Reasoning Practice Test

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Improve your arithmetic reasoning skills for the Armed Forces Classification Test. Prepare with a variety of questions and detailed explanations to ace your exam!

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

$15,000
$17,000
$18,106
$20,000

The correct answer is: $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To determine the total investment based on the amount withdrawn and the percentage that this amount represents, we can set up the problem using a simple formula related to percentages. The amount withdrawn is $3,078, which represents 17% of the total investment. We can find the total investment by using the formula: Total Investment = Amount Withdrawn / Percentage (as a decimal) First, we need to convert the percentage from a whole number to a decimal.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is accurate and demonstrates the correct application of percentage calculations to find the original amount based on a withdrawn sum.