Skip to Main Content

Source: Official Guide for the GMAT 13th Ed. Data Sufficiency; #77 Official Guide for the GMAT 2015 14th Ed. Data Sufficiency; #77

▲

3

A total of $60,000 was invested for

A total of $60,000 was invested for one year. Part of this amount earned simple annual interest at the rate of x percent per year, and the rest earned simple annual interest at the rate of y percent per year. If the total interest earned by the $60,000 for that year was $4,080, what is the value of x?

1 Explanation

▲

1

Mike McGarry, Magoosh Tutor

Jan 4, 2014 • Comment

Add Your Explanation

You must have a Magoosh account in order to leave an explanation.

Learn More About Magoosh

Official GMAT Material

Official Guide for GMAT Review 2016

Official Guide for the GMAT 13th Ed.

Official Guide for the GMAT 2015 14th Ed.

Nova's GRE Prep

Official Guide for the GMAT 12th Ed.

Revised GRE PDF 2nd Ed.

Section 6.3 Data Sufficiency

Section 6.3 Data Sufficiency

Improve Your Score

Magoosh GMAT is an affordable online course for studying the GMAT.

Learn More About Magoosh

Share Post

Return to Forum