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Percent and Interest Problems

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by swerve » Sun Apr 06, 2025 7:29 am
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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 \(\$40,000,\) how much did Harris invest in the video mat?

A. \(\$8,000\)
B. \(\$10,000\)
C. \(\$14,000\)
D. \(\$22,000\)
E. \(\$35,000\)

The OA is B
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Re: Percent and Interest Problems

by gmatter2012 » Wed Apr 09, 2025 10:11 am
swerve wrote: ↑
Sun Apr 06, 2025 7:29 am
 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 \(\$40,000,\) how much did Harris invest in the video mat?

A. \(\$8,000\)
B. \(\$10,000\)
C. \(\$14,000\)
D. \(\$22,000\)
E. \(\$35,000\)

The OA is B
Please correct the Typo its 4000 not 40,000. Thank you.

https://gmatclub.com/forum/harris-inves ... 04975.html
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