Lana has $60. She spends 80% of the money. She then invests the remaining amount and earns a profit of 80%. How much money does she now have?
A. $21.60
B. $86.40
C. $9.60
D. $60
we are needed to find the amount Lana is left with after spending and investing the rest using the given information.
Amount Lana spends = 80% of $60= 80/100 * 60 = $48
Amount left to invest = $(60-48) = $12
Lana is left with $12, which she invests and earns a profit of 80%.
Profit earned = 80% of $12 = 80/100 * 12 = $9.20
So, Lana will have $12 + $9.20 = $21.60
Therefore, the Correct Answer is A.
More Questions on TEAS 7 Math
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Q #1: Which of the following is the weight of the cargo in a truck if 1/3 of the cargo weighs 516 pounds (lb)?
A. 172 lb
B. 1032 lb
C. 1548 lb
D. 688 lb
Answer Explanation
In this problem, we assume the truck carries a whole cargo. Thus, total weight is 516 lb divided by 1/3. Thus,
We change the division sign to product and multiply 516 by reciprocal of 1/3. Then,
The weight of the cargo will be 1548 lbs.
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Q #2: An athlete runs 4 miles in 28 minutes and then changes their pace to run the next 4 miles in 32 minutes. Overall, what is the average time in minutes it takes the athlete to run 1 mile?
A. 7 minutes
B. 8 minutes
C. 7.5 minutes
D. 8.5 minutes
Answer Explanation
to find the average time the athlete runs in 1 mile, find total time divided by total distance covered.
Total distance=4+4=8 miles
Total time=28+32 =60 minutes
From the above, the athlete runs 8 miles in 60 minutes, so the athlete will take how minutes to cover 1 mile.
So, the athlete covers 1 mile in 7.5 minutes.
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Q #3: Which of the following is the equivalence in pounds for 50 kg? (2.2 lb =1 kg)
A. 110 lb
B. 220 lb
C. 52.2 lb
D. 22.7 lb
Answer Explanation
We asked to convert kg to pounds. There are two ways of converting between kg and pounds
And
Since we are asked to find pounds, we use the second option for kg to cancel during conversion as follows:
Thus, 50 kg is equal to 110 lb.
