Lana has $90. She spends 70% of the money. She then invests the remaining amount and earns a profit of 60%. How much money does she now have?
$16.20
$84.20
$43.20
$27.00
Correct Answer : C
We need to find the amount Lana left after spending and investing another.
Lana spends=70% of $90=70/100 * 90 = $63
Amount left after spending=$(90-63) = $27
Lana is left with $27, which she will invest and earns a profit of 60%.
Profit earned=60% of $27 = 60/100 * 27 = $16.20
Therefore, Lana will have $27 + $16.20 = $43.20
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Correct Answer is C
Explanation
We need to find the amount Lana left after spending and investing another.
Lana spends=70% of $90=70/100 * 90 = $63
Amount left after spending=$(90-63) = $27
Lana is left with $27, which she will invest and earns a profit of 60%.
Profit earned=60% of $27 = 60/100 * 27 = $16.20
Therefore, Lana will have $27 + $16.20 = $43.20
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