215k views
2 votes
$4,000 invested in Fund A returned 5% profit. Amount invested in Fund B returned a 2% profit. How much was invested in Fund B if both funds returned 4%?

1 Answer

3 votes

as I read it, what I get is that

x = returned profits or yielded interest from investment in A

y = returned profits or yielded interest from investment in B

T = total amount invested or namely A + B.

4000 were invested in A, and it yielded 5%, what's 5% of 4000? (5/100)(4000) = 200 = x.

we know the total amount is T, since A get 4000, B must have gotten T - 4000, or the slack. We also know that B yielded a 2% profit, well, what's 2% of T - 4000? (2/100)(T-4000) = y.

we also know that, whatever "x" and "y" are, their sum total yielded a 4% returns from T, or the total principal, what's 4% of T? (4/100)T = 0.04T.


\bf \begin{cases} T=\textit{total principal}\\[-0.5em] \hrulefill\\ A=4000\\ x = \stackrel{\textit{5\% of A}}{200}\\[-0.5em] \hrulefill\\ B=T-4000\\ y=\stackrel{\textit{2\% of B}}{0.02(T-4000)} \end{cases} \\\\[-0.35em] ~\dotfill


\bf \stackrel{\textit{5\% of A}}{200}+\stackrel{\textit{2\% of B}}{0.02(T-4000)}~~=~~\stackrel{\textit{4\% of T}}{0.04T} \\\\\\ 200+0.02T-80=0.04T\implies 120+0.02T=0.04T\implies 120=0.02T \\\\\\ \cfrac{120}{0.02}=T\implies 6000=T~\hfill \stackrel{~\hfill \textit{invested in B}}{6000-4000\implies 2000}

User Newleaf
by
7.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories