document.write( "Question 941783: Diane invested her savings in two investment funds. The $8000 that she invested in Fund A returned a 3% profit. The amount that she invested in Fund B returned a 10% profit. How much did she invest in Fund B, if both funds together returned a 8% profit? \n" ); document.write( "
Algebra.Com's Answer #574116 by srinivas.g(540)![]() ![]() You can put this solution on YOUR website! profit on $ 8000 @3% = 3 % of 8000 \n" ); document.write( " = \n" ); document.write( " = \n" ); document.write( " =240 \n" ); document.write( "let x be the amount invested in Fund B @ 10 % \n" ); document.write( " profit on Fund B = 10 % of x \n" ); document.write( " = \n" ); document.write( " =0.1x \n" ); document.write( "total amount invested = 8000+x \n" ); document.write( " total profit on (8000+x) @ 8% = 8 % of (8000+x) \n" ); document.write( " = \n" ); document.write( " = \n" ); document.write( " =0.08*8000+0.08*x \n" ); document.write( "=640+0.08x \n" ); document.write( " But total profit = profit on fund A + profit on Fund B \n" ); document.write( " 640+0.08 x= 240+0.1 x \n" ); document.write( " move 240 to the left \n" ); document.write( " 640+0.08x-240 =0.1 x \n" ); document.write( " 400+0.08 x= 0.1 x \n" ); document.write( " move 0.08x to the right \n" ); document.write( " 400 = =0.1x-0.08x \n" ); document.write( " 400 = x(0.1-0.08) \n" ); document.write( " 400 =x(0.02) \n" ); document.write( " divide with 0.02 on both sides \n" ); document.write( " \n" ); document.write( " 20,000 = x \n" ); document.write( "Result: Amount invested on Fund B = $20,000 \n" ); document.write( " |