document.write( "Question 1162955: Isabel invested her savings in two investment funds. The
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document.write( "$6000 that she invested in Fund A returned a
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document.write( "4% profit. The amount that she invested in Fund B returned a
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document.write( "1% profit. How much did she invest in Fund B, if both funds together returned a 2% profit? \n" );
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Algebra.Com's Answer #786865 by VFBundy(438)![]() ![]() You can put this solution on YOUR website! FUND A: \n" ); document.write( "Principal = 6000 \n" ); document.write( "Rate of profit = 0.04 \n" ); document.write( "Profit = 0.04 * 6000 = 240 \n" ); document.write( " \n" ); document.write( "FUND B: \n" ); document.write( "Principal = p \n" ); document.write( "Rate of profit = 0.01 \n" ); document.write( "Profit = 0.01p \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "0.02(6000 + p) = 240 + 0.01p \n" ); document.write( " \n" ); document.write( "120 + 0.02p = 240 + 0.01p \n" ); document.write( " \n" ); document.write( "0.01p = 120 \n" ); document.write( " \n" ); document.write( "p = 12000 \n" ); document.write( " \n" ); document.write( "FUND B: \n" ); document.write( "Principal = p = $12,000 |