SOLUTION: Susan maraiano invested part of her $35,000 bonus in a fund that paid a 10% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Susan maraiano invested part of her $35,000 bonus in a fund that paid a 10% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her      Log On

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Question 1129427: Susan maraiano invested part of her $35,000 bonus in a fund that paid a 10% profit and invested the rest in stock that suffered a 3% loss. Find the amount of each investment if her overall net profit was $2,330.
The amount invested at 10% is $ ?
The amount invested in stock is $ ?

Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
x in bonus that made .10x
35000-x in stock that made -0.03(35000-x)
.10x+0.3x-1050=2330
0.13x=3380
x=26000 which made $2600
35000-x=9000, which lost $270