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The Race Track: Betting is closed. We have $1, 000 bet on horse A, $2, 000 on horse B, and $3, 000 on horse C.

The Race Track: Betting is closed. We have $1, 000 bet on horse A, $2, 000 on horse B, and $3, 000 on horse C. Compute the odds the track will post in order to take 10% no matter which horse wins.

If the odds given by the race track for horse C is 7 : 10, what percentage of the bets is the track taking?

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