A portion of $6600 is invested at a 5% annual return, while : PS Archive Check GMAT Club Decision Tracker for the Latest School Decision Releases http://gmatclub.com/AppTrack  It is currently 17 Jan 2017, 18:03 GMAT Club Daily Prep Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email. Customized for You we will pick new questions that match your level based on your Timer History Track Your Progress every week, we’ll send you an estimated GMAT score based on your performance Practice Pays we will pick new questions that match your level based on your Timer History Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here. Request Expert Reply Events & Promotions Events & Promotions in June Open Detailed Calendar A portion of$6600 is invested at a 5% annual return, while

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A portion of $6600 is invested at a 5% annual return, while [#permalink] Show Tags 14 Nov 2003, 10:53 00:00 Difficulty: (N/A) Question Stats: 0% (00:00) correct 0% (00:00) wrong based on 1 sessions HideShow timer Statistics This topic is locked. If you want to discuss this question please re-post it in the respective forum. A portion of$6600 is invested at a 5% annual return, while the remainder is invested at a 3% annual return. If the annual income from the portion earning a 5% return is twice that of the other portion, what is the total income from the two investments after one year?
(A) $180 (B)$270
(C) $300 (D)$320
(E) $360 _________________ shubhangi Manager Joined: 26 Aug 2003 Posts: 233 Location: United States Followers: 1 Kudos [?]: 13 [0], given: 0 Show Tags 14 Nov 2003, 11:07 B. I'll show how I got the answer after a couple people respond so they get a chance to work on it. Manager Joined: 11 Oct 2003 Posts: 102 Location: USA Followers: 1 Kudos [?]: 0 [0], given: 0 270 is correct.. [#permalink] Show Tags 14 Nov 2003, 11:41 x, 6600-x 5x = 2 * 3* (6600-x) x = 3600 Income = (5/100)*3600 + (3/100)*(6600-3600) = 180+90 = 270 Intern Joined: 31 Oct 2003 Posts: 10 Location: bangalore, india Followers: 0 Kudos [?]: 0 [0], given: 0 Show Tags 14 Nov 2003, 23:28 hi shubhangi, yeah the answer is 270 and here is how........... take the amount of money invested at 5% as x and the mount invested at 3% as 6600-x . Going by what the sum says the following equation is formed 5x/100 = 2(3. 6600-x/100). we thus get the value of x by solving the equation to be 3600 which is the amount invested at 5%. the amount invested at 3%is thus 3000. just claculate the interest on these two amounts and you have your answer. cheers Adarsh _________________ adarshsrinivas 14 Nov 2003, 23:28 Display posts from previous: Sort by A portion of$6600 is invested at a 5% annual return, while

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