document.write( "Question 159815: Two stock investments cost $15 000. One stock then had a 40% gain and the other a 10% loss. If the net profit is $2000, how much was invested in each stock??? \n" ); document.write( "

Algebra.Com's Answer #117855 by KnightOwlTutor(293) $\"\"$ $\"About$

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X =Stock 1
\n" ); document.write( "15,000-X=Stock 2\r
\n" ); document.write( "\n" ); document.write( "Stock 1 had a 40% gain convert to decimal .40
\n" ); document.write( "Stock 2 had a 10% loss -10% convert to decimal -.10\r
\n" ); document.write( "\n" ); document.write( "(profit or loss of Stock 1)+(profit or loss of Stock 2)=net profit\r
\n" ); document.write( "\n" ); document.write( ".40X-.10(15000-X)=2000\r
\n" ); document.write( "\n" ); document.write( "Use the distributive property\r
\n" ); document.write( "\n" ); document.write( ".40X-1500+.10X=2000\r
\n" ); document.write( "\n" ); document.write( "remember (-)(-)=(+)\r
\n" ); document.write( "\n" ); document.write( ".5X-1500=2000\r
\n" ); document.write( "\n" ); document.write( "add 1500 to both sides\r
\n" ); document.write( "\n" ); document.write( ".5X=3500\r
\n" ); document.write( "\n" ); document.write( "divide .5 on both sides\r
\n" ); document.write( "\n" ); document.write( "X=$7000= Amount invested in Stock 1\r
\n" ); document.write( "\n" ); document.write( "15,000-7000=$8000 Amount invested in Stock 2\r
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