document.write( "Question 1012743: a man invested one million naira in two ventures. from investment X he gained 7% and investment Y he lost 3% . his average gain was 5% . how much did he invest in each? \n" ); document.write( "
Algebra.Com's Answer #628843 by addingup(3677)![]() ![]() You can put this solution on YOUR website! 0.07x - 0.03(1,000,000-x)= 0.05(1,000,000) \n" ); document.write( "Multiply on left and remember that -*- = + : \n" ); document.write( "0.07x - 30,000 + 0.03x = 0.05(1,000,000) \n" ); document.write( "Now multiply on right: \n" ); document.write( "0.07x - 30,000 + 0.03x = 50,000 \n" ); document.write( "Add x on left and add 30,000 on both sides: \n" ); document.write( "0.10x = 80,000 \n" ); document.write( "Divide both sides by 0.10: \n" ); document.write( "x = 800,000 this is how much he invested at 7%. And: \n" ); document.write( "1,000,000-800,000= 200,000 he invested at a loss of 3% \n" ); document.write( " |