**Jacob has $100. She spends 87% of the money. She then invests the remaining amount and earns a profit of 75%. How much money does she now have?**

$13.00

$87.00

$22.75

$9.75

*Correct Answer : C*

We are needed to find the amount Jacob will be left with after spending and reinvesting the rest using the given information.

Amount Jacob spends=87% of $100=87/100*100=$87

Amount left to invest=$(100-87)=$13

Jacob is left with $13, which she invests and earns a profit of 75%.

Profit earned on invested amount=75% of $13=75/100*13=$9.75

So, Jacob will have $13+$9.75=$22.75

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