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Levantine3667
12.08.2020 •
Mathematics
Brian invested his savings in two investment funds. The $8000 that he invested in Fund A returned a 4% profit. The amount that he invested in Fund B returned a 1% profit. How much did he invest in Fund B, if both funds together returned a 2% profit?
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Ответ:
Brian invested $16000 in Fund B .
Step-by-step explanation:
Let x be the amount Brian invested in Fund B.
Given, The $8000 that he invested in Fund A returned a 4% profit. The amount that he invested in Fund B returned a 1% profit.
i.e. profit on Fund A = 4% of 8000 = 0.04 ×8000 = $320
Profit on Fund B = 1% of x = 0.01x
Together they earn 1% profit, i.e. Combined profit = 2% of (8000+x)
= 0.02(8000+x)
As per question,
Combined profit=Profit on Fund A+Profit on Fund B
Hence, Brian invested $16000 in Fund B .
Ответ:
5.04 ÷ 7 = 0.72