## Quentin put an amount of money into each of two new investments, $$X$$ and $$Y.$$ Investment $$X$$ pays $$x\%$$ simple

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### Quentin put an amount of money into each of two new investments, $$X$$ and $$Y.$$ Investment $$X$$ pays $$x\%$$ simple

by M7MBA » Sun Sep 19, 2021 11:47 am

00:00

A

B

C

D

E

## Global Stats

Quentin put an amount of money into each of two new investments, $$X$$ and $$Y.$$ Investment $$X$$ pays $$x\%$$ simple annual interest and investment $$Y$$ pays $$y\%$$ simple annual interest. After $$1$$ year, the average (arithmetic mean) interest earned by investments $$X$$ and $$Y$$ was $$7.6\%.$$ If $$x$$ and $$y$$ are consecutive positive integers, in that order, what fraction of the total amount was put in investment $$X?$$

A. $$\dfrac15$$

B. $$\dfrac13$$

C. $$\dfrac25$$

D. $$\dfrac35$$

E. $$\dfrac23$$

Answer: C

Source: GMAT Club Tests

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