SOLUTION: A store has $50,000 of inventory in notebook computers and desktop computers. The profit on a notebook computer is 25% and the profit on a desktop computer is 20%. The profit for t
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Question 1167449: A store has $50,000 of inventory in notebook computers and desktop computers. The profit on a notebook computer is 25% and the profit on a desktop computer is 20%. The profit for the entire stock is 23%. How much is invested in notebook computers and how much in desktop computer?
Let D be the amount invested in desktop computers.
Then the amount invested in the notebook computers is (50000-D).
The total profit equation is
0.2*D + 0.25*(50000-D) = 0.23*50000.
From the equation
D = = 20000.
ANSWER. The amount invested at desktop computers is 20000 dollars.
CHECK. 0.2*20000 + 0.25*(50000 - 20000) = 11500 = 0.23*50000. ! Correct !