SOLUTION: Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in European stock and, 1/10 of her portfolio in Japanese stock. The remainder is invested in municipal bonds. Wh

Question 105385: Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in European stock and, 1/10 of her portfolio in Japanese stock. The remainder is invested in municipal bonds. What fraction of her portfolio is invested in municiple bonds? What percent is invested in municiple bonds?
Answer by Earlsdon(6294) (Show Source): You can put this solution on YOUR website!
You can get the answer to this problem by subtracting 1/5, 1/8, and 1/10 from 1 because 1 represents her entire portfolio, thus:
The LCD here is 40, so:
=
The remainder of her portfolio, is invested in Municipal bonds.
To find the equivalent percentage, you would divide the numerator (23) by the denominator(40) and multiply the result by 100 to get the percent.
Multiply by 100 and add the % sign.
= 57.5%
RELATED QUESTIONS
Helen has 1/5 of her portfolio in European stocks,1/8 of her portfolio in European... (answered by Nate)

helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in European stocks,... (answered by gonzo)

Diversification-Helen has 1/5 of her portfolio in U.S stocks, 1/8 of portfolio in... (answered by checkley77)

Helen has 1/5 of her portfolio in US stocks, 1/8 of her portfolio in European stocks, and (answered by oberobic)

Helen has 1/5 of her portfolio in US stocks, 1/8 of her portfolio in European stocks, and (answered by rfer)

Diversification Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her portfolio in (answered by Nate)

Convert each given fraction, decimal, or percent into its other two forms 5/8... (answered by checkley71)

102. Diversification. Helen has 1/5 of her portfolio in U.S. stocks, 1/8 of her... (answered by checkley77)

Pam has 1/5 of her portfolio in US stocks, 1/8 of portfolio in European stocks, and 1/10... (answered by solver91311)