SOLUTION: A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 29% and the profit on a red maple tree is 19%. The profit for the entire st

Question 852625: A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 29% and the profit on a red maple tree is 19%. The profit for the entire stock is 20%. How much was invested in each type of tree?
Answer by harpazo(655) (Show Source): You can put this solution on YOUR website!

Let d = dogwood trees
Let m = red maple trees
d + m = 20,000
0.29d + 0.19m = 0.20
Use the substitution method for systems of linear equations to solve.
RELATED QUESTIONS
Please please help with the following problem - A nursery has $20,000 of inventory in... (answered by josmiceli)

Please help me solve this word problem: A nursery has $20,000 of inventory in... (answered by Fombitz)

The parks department will be responsible for planting all of the trees for the... (answered by greenestamps)

A nursery receives a shipment of 246 trees. The shipment includes pine trees, fruit... (answered by rothauserc)

The ratio of black walnuts to red oak trees at a tree farm is 4:5. The tree farm has... (answered by rfer)

Trees in urban areas help keep air fresh by absorbing carbon dioxide. A city has $2100 to (answered by greenestamps)

Seventy two grams of fertilizer is given to a dogwood tree the first year, 60 grams the... (answered by ikleyn)

2) A nursery advertises that it has 16 elm trees for sale. Unknown to the nursery, 5 of... (answered by reviewermath)

What is the system of equations that represents the problem presented below Nan's... (answered by richwmiller)