SOLUTION: Kathy made two investments totaling $17,000. On one investment she made 15% profit, but on the other she took a 20% loss. If her net profit was $800, how much money was in each inv

Question 1039112: Kathy made two investments totaling $17,000. On one investment she made 15% profit, but on the other she took a 20% loss. If her net profit was $800, how much money was in each investment?
Found 2 solutions by addingup, josmiceli:
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
0.15x+-0.2(17,000-x) = 800
0.15x-3,400+0.2x = 800
0.35x = 4,200
x = 12,000 was invested at 15% profit, and:
17,000-12,000 = 5,000 was invested at 20% loss

Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = the amount invested making
a 15% profit
= the amount invested making
a 20% loss
-------------------

and

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$12,000 was invested making 15% profit
$5,000 was invested with 20% loss
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