Mathematics, 02.01.2022 16:40 babbity2009
Mr. Howell invested $1,000 in Acme Corporation's
stock and earned an 8% profit. At the same time,
he invested $4,000 in Acme's bonds and earned a
12% profit. Unfortunately, Mr. Howell was also
persuaded by his broker to invest $2,500 in Zeta
Corporation's stock, where he suffered a 10% loss.
How much did Mr. Howell earn in total?
KS
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Translate the problem in steps.
KS
profit 1 + profit 2 - loss
profit = percentage x amount invested
Answers: 3
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Mr. Howell invested $1,000 in Acme Corporation's
stock and earned an 8% profit. At the same time,<...
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