SOLUTION: Leila invested her savings in two investment funds. The
$6000
that she invested in Fund A returned a
10%
profit. The amount that she invested in Fund B returned a
3%
pr
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-> SOLUTION: Leila invested her savings in two investment funds. The
$6000
that she invested in Fund A returned a
10%
profit. The amount that she invested in Fund B returned a
3%
pr
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Question 956917: Leila invested her savings in two investment funds. The
$6000
that she invested in Fund A returned a
10%
profit. The amount that she invested in Fund B returned a
3%
profit. How much did she invest in Fund B, if both funds together returned a
5%
profit? Answer by macston(5194) (Show Source):
You can put this solution on YOUR website! 0.10($6000)+0.03B=0.05($6000+B)
$600+0.03B=$300+0.05B
$300=0.02B
$15000=B ANSWER: She invested $15000 in Fund B
CHECK:
0.10($6000)+0.03B=0.05($6000+B)
0.10($6000)+0.03($15000)=0.05($6000+$15000)
$600+$450=0.05($21000)
$1050=$1050
