document.write( "Question 174786: A woman invested P25,000 in two business ventures, last year she made a profit of 15% from the first venture but lost 5% from the second venture. if the last years income from the two investments was equivalent to a return of 8% of the entire amount invested, how much had she invested in each venture? \n" ); document.write( "
Algebra.Com's Answer #129858 by actuary(112)![]() ![]() ![]() You can put this solution on YOUR website! First, what are the equations that describe the situation:\r \n" ); document.write( "\n" ); document.write( "Let x be the amount invested in the first venture.\r \n" ); document.write( "\n" ); document.write( "Let Y be the amount invested in the second venture.\r \n" ); document.write( "\n" ); document.write( "So x + y = 25000 (#1) (I'll disregard including the \"P\" for pounds in the intermediate steps of my calculation)\r \n" ); document.write( "\n" ); document.write( ".15x -.05y = .08*25000 (#2)(This equation describes the relationship between th ereturn on each of the two ventures and the return on the total amount invested.\r \n" ); document.write( "\n" ); document.write( ".15x - .05 (25000 - x) = 2000 (Substituting for \"y\" based on equation #1) performing the multiplication\r \n" ); document.write( "\n" ); document.write( "Simplify \r \n" ); document.write( "\n" ); document.write( ".15x - 1250 +.05x = 2000 \n" ); document.write( "Rearrange the equation\r \n" ); document.write( "\n" ); document.write( ".2x = 2000+1250 = 3250\r \n" ); document.write( "\n" ); document.write( "So x = 3250/.2 = P16250\r \n" ); document.write( "\n" ); document.write( "From equation #1, solve for y\r \n" ); document.write( "\n" ); document.write( "y = 25000 - 16260 =P8750\r \n" ); document.write( "\n" ); document.write( "Checking the results by substituting the answers into the equations\r \n" ); document.write( "\n" ); document.write( "16250 + 8750 = 25000 (OK)\r \n" ); document.write( "\n" ); document.write( ".15*16250 -.05*8750 = 2437.5 - 437.5 = 2000\r \n" ); document.write( "\n" ); document.write( "25000*.08 = 2000 (OK) \n" ); document.write( " |