SOLUTION: Paul invested $100,000 in two different companies. The first earned 6% and the second earned 12% profits. If Paul made 2 times as much from the 12% investment as he did from the 6%

SOLUTION: Paul invested $100,000 in two different companies. The first earned 6% and the second earned 12% profits. If Paul made 2 times as much from the 12% investment as he did from the 6%

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Question 1173369: Paul invested $100,000 in two different companies. The first earned 6% and the second earned 12% profits. If Paul made 2 times as much from the 12% investment as he did from the 6% investment, how much did he invest in the company that made 6%?
Translate into an equation and solve.
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
x invested in 6%
100000-x invested in 12%

----------simplify and solve this.
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