At Joel’s bookstore, the current inventory is \(40\%\) historical fiction. Of the historical fiction books, \(40\%\) are

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At Joel’s bookstore, the current inventory is \(40\%\) historical fiction. Of the historical fiction books, \(40\%\) are new releases, while \(50\%\) of the other books are new releases. What fraction of all new releases are the historical fiction new releases?

A. \(\dfrac4{25}\)

B. \(\dfrac8{23}\)

C. \(\dfrac25\)

D. \(\dfrac8{15}\)

E. \(\dfrac23\)

Answer: B

Source: Veritas Prep