document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=623559>Question 623559</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor invested a total of $3000 in two mutual funds. One fund earned 8% profit while the other earmed a 6% profit. If the investor's total profit was $206, how much was invested in each mutual fund? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #392180 by </B><A HREF=/tutors/aboutme.mpl?userid=Emsley><B>Emsley(35)</B></A><img src=\"/images/stars/stars-07.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Emsley><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/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=392180\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let x =amount in 1st fund and y amount in 2nd fund<BR>\n" );
document.write( "So 0.08x+0.06y=206 and x+y=300<BR>\n" );
document.write( "y=3000-x So 0.08x+0.06(3000-x)=206<BR>\n" );
document.write( "0.08x+180-0.06x=206<BR>\n" );
document.write( "0.02x=26 x=26/0.02 =1300 So y=1700 </SPAN>\n" );
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