document.write( "Question 855292: Scott invested his savings in two investment funds. The amount he invested in Fund A was $6000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 3% profit. How much did he invest in Fund B, if the total profit from the two funds together was $600 ? \n" ); document.write( "
Algebra.Com's Answer #515353 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! Scott invested his savings in two investment funds. The amount he invested in Fund A was $6000 less than the amount he invested in Fund B. Fund A returned a 4% profit and Fund B returned a 3% profit. How much did he invest in Fund B, if the total profit from the two funds together was $600 ? \n" ); document.write( "*** \n" ); document.write( "let x=amt invested in fund B \n" ); document.write( "x-6000=amt invested in fund A \n" ); document.write( ".. \n" ); document.write( "3%x+4%(x-6000)=600 \n" ); document.write( ".03x+.04x-240=600 \n" ); document.write( ".07x=840 \n" ); document.write( "x=12000 \n" ); document.write( "amt invested in fund B=$12,000 \n" ); document.write( " |