document.write( "Question 964029: Abdul invested his savings in two investment funds. The $12,000 that he invested in Fund A returned a 6%
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document.write( " profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 4% profit?\r
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document.write( "Solution::
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document.write( "The amount Abdul invested in fund A =$12,000
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document.write( "Return =6% of 12,000
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document.write( ". = 6/100*12,000
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document.write( " =$720\r
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document.write( "Let the amount invested infund B =x
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document.write( "Return= 1% of x
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document.write( " = x/100\r
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document.write( "Given that both funds together
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document.write( "return a 4% profit\r
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document.write( " 720+x/100= 4%of(12,000+x)
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document.write( " (72000+x)/100 =4/100 *(12000+x)
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document.write( " 72000+x = 48000+4*x
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document.write( " 3*x = 24000
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document.write( " x = $8,000
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document.write( " invested in fund B= 8,000 \n" );
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Algebra.Com's Answer #588981 by tenkun(12)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Solution:: \n" ); document.write( "The amount Abdul invested in fund A =$12,000 \n" ); document.write( "Return =6% of 12,000 \n" ); document.write( ". = 6/100*12,000 \n" ); document.write( " =$720\r \n" ); document.write( "\n" ); document.write( "Let the amount invested infund B =x \n" ); document.write( "Return= 1% of x \n" ); document.write( " = x/100\r \n" ); document.write( "\n" ); document.write( "Given that both funds together \n" ); document.write( "return a 4% profit\r \n" ); document.write( "\n" ); document.write( " 720+x/100= 4%of(12,000+x) \n" ); document.write( " (72000+x)/100 =4/100 *(12000+x) \n" ); document.write( " 72000+x = 48000+4*x \n" ); document.write( " 3*x = 24000 \n" ); document.write( " x = $8,000 \n" ); document.write( " invested in fund B= 8,000 \n" ); document.write( " |