# A $500 investment and a $1,500 investment have a combined yearly return of 10 percent of the total ...

A $500 investment and a $1,500 investment have a combined yearly return of 10 percent of the total of the two investments. If the $500 investment has a yearly return of 7 percent, what percent yearly return does the $1,500 investment have?

## Answer/Solution

11%

### Steps/Work

The equation we can form the question :

Return on Total Investment = Sum of individual Investments

(500+1500)(10)=(500âˆ—7)+(1500x), where x is the return on investment of 1500.

Solving the equation, we get x = 11% ( Option D ) ANSWER:D

Return on Total Investment = Sum of individual Investments

(500+1500)(10)=(500âˆ—7)+(1500x), where x is the return on investment of 1500.

Solving the equation, we get x = 11% ( Option D ) ANSWER:D