Answered

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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
9
S
tes
ex
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ex
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cex
ted
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Translate the problem in steps.
KS
profit 1 + profit 2 - loss
profit = percentage x amount invested

Sagot :

s132486

Answer:310

Step-by-step explanation:out of the 1000 he earned 80

4000 he earned 480

but he lost 250 from 2500

in total he earned 310

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