medium · GMAT Quant

An investor holds two types of bonds, Type A and Type B, which yield annual interest rates of 6 percent and 10 percent, respectively.

If the total annual interest earned from both bonds is 7.5 percent of the total amount invested, what is the ratio of the amount invested in Type A bonds to the amount invested in Type B bonds?

  1. 5:3
  2. 2:3
  3. 3:5
  4. 3:2
  5. 4:1

Sign up free to see the explanation and track your rank →

More GMAT Quant practice

KomFi: Test Prep Made Easy

KomFi: Test Prep Made Easy — free adaptive practice for GMAT, GRE, SAT, ACT, National Real Estate Exam, Investment Banking, and finance with full explanations.

KomFi Academy is free GMAT prep and personalized GMAT help built as a training platform: 104,530+ practice questions, 30,500+ flashcards, on-demand video lectures, podcasts, and 4K slide decks. Flagship tracks: Free GMAT Prep, Free GMAT Resources, National Real Estate Exam Prep, Investment Banking Prep, Finance Prep, GRE, SAT, ACT, LSAT, MCAT, Financial Accounting, Private Equity, Private Credit, and Quantitative Finance.

Free GMAT Prep & Personalized GMAT Help

What's inside

Topics

View pricing · Read testimonials