medium · GMAT Quant
A portfolio manager allocates funds into two accounts, X and Y. The initial ratio of the balance in account X to the balance in account Y is 3:5. After the manager transfers $15,000 from account Y to account X, the new ratio of the balance in account X to the balance in account Y is 4:5.
What was the total amount, in dollars, of the funds allocated to both accounts?
- 108,000
- 144,000
- 96,000
- 192,000
- 216,000
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