document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=691724>Question 691724</A>: <I><SPAN STYLE=\"word-break: break-all;\"> An investor  invested a total of $2,000 in two mutual funds.One fund earned a 7% profit while the other fund earned a 2% profit. If the investors profit was $120, how much was invested in each mutual fund?\r<BR>\n" );
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document.write( "The amount invested in the mutual fund that earned 7% is?\r<BR>\n" );
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document.write( "the amount invested in the mutual fund that earned 2% is? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #426820 by </B><A HREF=/tutors/aboutme.mpl?userid=sachi><B>sachi(548)</B></A><img src=\"/images/stars/stars-10.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=sachi><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=sachi><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=426820\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> let he invested $x in 1st fund with 7% profit & $(2000-x) in the other fund with 2% profit<BR>\n" );
document.write( "so the total profit is<BR>\n" );
document.write( "7*x/100+2*(2000-x)/100=120<BR>\n" );
document.write( "or 7x+2(2000-x)=120*100<BR>\n" );
document.write( "or 7x+4000-2x=12000<BR>\n" );
document.write( "or 5x=12000-4000=8000<BR>\n" );
document.write( "or x=8000/5=1600<BR>\n" );
document.write( "2000-x=2000-1600=400<BR>\n" );
document.write( "The amount invested in the mutual fund that earned 7% is $1600\r<BR>\n" );
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document.write( "the amount invested in the mutual fund that earned 2% is $400<BR>\n" );
document.write( "ans </SPAN>\n" );
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