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easy · GMAT Quantitative Reasoning

An investment of $60,000 is split between two projects, X and Y, in the ratio 7:8. Project X yields a 10% return and Project Y yields a 15% return.

What is the total profit from both projects?

  1. $7,500
  2. $8,000
  3. $6,000
  4. $9,000
  5. $7,600

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