Which type of account is a means of compulsory savings.
Fixed deposit account provides more interest than savings bank account.
Banks give more interest on Savings Account than Fixed Deposit Account.
Ravi invests 50% of his monthly savings in fixed deposits. Thirty percent of the rest of his savings is invested in stocks and the rest goes into Ravi's savings bank account. If the total amount deposited by him in the bank (for savings account and fixed deposits) is Rs. 59500, then Ravi's total monthly savings (in Rs) is___