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09 Sep 2019, 23:47
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B
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Difficulty:
35%
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Question Stats:
78% (02:16) correct
22%
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Harris invested $45,000 in two different ventures, a car-cleaning machine and a video mat. The yearly return on the video mat was 12% and the yearly return on the car-cleaning machine was 8%. If the total return was $4,000, how much did Harris invest in the video mat?
A. $8,000.
B. $10,000.
C. $14,000.
D. $22,000.
E. $35,000.
A. $8,000.
B. $10,000.
C. $14,000.
D. $22,000.
E. $35,000.
unflinchingSubhs
Joined: 10 Feb 2019
Last visit: 02 Jun 2022
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Concentration: General Management, Technology
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GMAT 1: 630 Q49 V27
GPA: 4
WE:Information Technology (Computer Software)
10 Sep 2019, 00:44
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1.08 *x +(45k-x)1.12=4k
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Posted from my mobile device
10 Sep 2019, 02:39
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Bunuel
Harris invested $45,000 in two different ventures, a car-cleaning machine and a video mat. The yearly return on the video mat was 12% and the yearly return on the car-cleaning machine was 8%. If the total return was $4,000, how much did Harris invest in the video mat?
A. $8,000.
B. $10,000.
C. $14,000.
D. $22,000.
E. $35,000.
A. $8,000.
B. $10,000.
C. $14,000.
D. $22,000.
E. $35,000.
Cleaning Machine ____________________________Video Mat
\(\frac{12}{100}\)_________________________________________\(\frac{8}{100}\)
___________________\(\frac{4}{45}\)________________
\(\frac{2}{225}\)_________________________________________\(\frac{7}{225}\)
So, The Amount invested in Video Mat is 2/9*45000 = 10000, Answer must be (B)
