document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=460498>Question 460498</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Carlos invested his savings in two investment funds. The amount he invested in Fund A was 4  times as much as the amount he invested in Fund B. Fund A returned a 3%  profit and Fund B returned a 2%  profit. How much did he invest in Fund B, if the total profit from the two funds together was $1540 ? . </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #315848 by </B><A HREF=/tutors/aboutme.mpl?userid=nerdybill><B>nerdybill(7384)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=nerdybill><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=nerdybill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=315848\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Carlos invested his savings in two investment funds. The amount he invested in Fund A was 4 times as much as the amount he invested in Fund B. Fund A returned a 3% profit and Fund B returned a 2% profit. How much did he invest in Fund B, if the total profit from the two funds together was $1540 ? .<BR>\n" );
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document.write( "Let x = amount ($) invested in Fund B<BR>\n" );
document.write( "then<BR>\n" );
document.write( "4x = amount ($) invested in Fund A<BR>\n" );
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document.write( ".02x + .03(4x) = 1540<BR>\n" );
document.write( ".02x + .12x = 1540<BR>\n" );
document.write( ".14x = 1540<BR>\n" );
document.write( "x = 1540/.14<BR>\n" );
document.write( "x = $11000 (invested in Fund B)<BR>\n" );
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document.write( "Fund A:<BR>\n" );
document.write( "4x = 4(11000) = $44000<BR>\n" );
document.write( " </SPAN>\n" );
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