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OpenStudy (anonymous):
HELP PLEASE
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OpenStudy (anonymous):
OpenStudy (texaschic101):
invested 40,000 and made a profit of 15%... 0.15(40,000) = 6000 profit invested 10,000 and made a profit of 22%.. 0.22(10,000) = 2200 profit total profit : 6000 + 2200 = 8200 profit/investment = 8200/(40000 + 10000) = 8200/50000 = 0.164 = 16.4% percent profit for total investment is 16.4%
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