SOLUTION: Please please help with the following problem - A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 25% and the profit on a re

Question 51976: Please please help with the following problem - A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 25% and the profit on a red maple is 17%. The profit for the entire stock is 20%. How much was invested in each type of tree?
Thank you very much!!!!
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
The profit for the entire stock is

If the amount invested in the dogwoods is x, the amount invested
in the maples is 20000 - x

So, 7,500 was invested in dogwoods and 12,500 was invested in maples
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