SOLUTION: A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 29% and the profit on a red maple tree is 19%. The profit for the entire st
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-> SOLUTION: A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 29% and the profit on a red maple tree is 19%. The profit for the entire st
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Question 852625: A nursery has $20,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 29% and the profit on a red maple tree is 19%. The profit for the entire stock is 20%. How much was invested in each type of tree? Answer by harpazo(655) (Show Source):
You can put this solution on YOUR website!
Let d = dogwood trees
Let m = red maple trees
d + m = 20,000
0.29d + 0.19m = 0.20
Use the substitution method for systems of linear equations to solve.
