document.write( "Question 1122870: Maya invested her savings in two investment funds. The
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document.write( "$4000
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document.write( " that she invested in Fund A returned a
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document.write( "10%
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document.write( " profit. The amount that she invested in Fund B returned a
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document.write( "3%
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document.write( " profit. How much did she invest in Fund B, if both funds together returned a
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document.write( "5%
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document.write( " profit? \n" );
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Algebra.Com's Answer #739049 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Algebraically.... \n" ); document.write( "Let x be the amount invested at 3%. Then \n" ); document.write( " \n" ); document.write( "You can do the algebra to get the answer. \n" ); document.write( "If an algebraic solution is not required, here is a much faster way to solve a problem like this. \n" ); document.write( "The ratio between the amounts invested in the two places exactly determines where the overall percentage return lies between the two individual percentages. \n" ); document.write( "The 5% return is 5% away from 10% and 2% away from 3%. That ratio 5:2 means the money must be split in the ratio 5:2. And since the overall return is close to 3% than to 10%, the larger amount needs to be invested at 3%. \n" ); document.write( "So if x is the amount invested at 3%, we have a proportion: \n" ); document.write( " \n" ); document.write( "or \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "She invested $10000 in investment B. \n" ); document.write( "CHECK: \n" ); document.write( "10% of $4000 = $400 \n" ); document.write( "3% of $10000 = $300 \n" ); document.write( "Total $400+$300 = $700 \n" ); document.write( "5% of $14000 = $700 \n" ); document.write( " \n" ); document.write( " |