Question Description
A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? for GMAT 2024 is part of GMAT preparation. The Question and answers have been prepared according to the GMAT exam syllabus. Information about A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for GMAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer?.

Solutions for A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GMAT. Download more important topics, notes, lectures and mock test series for GMAT Exam by signing up for free.

Here you can find the meaning of A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A sum of $12 million was divided between two investments. The smaller portion was invested at 6%, and the remainder at 4%. The earnings from the 4% investment exceeded the earnings from the 6% investment by $20,000. Find the amount invested at each rate.a)$4.6 million, $9.2 millionb)$4.6 million, $7.4 millionc)$2.8 million, $7.4 milliond)$10.5 million, $1.5 millione)$4.6 million, $2.8 millionCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice GMAT tests.