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Molly Invested $50,000 in various stocks and bonds. She earned 15% on the bonds and 18% on the stocks. If Molly's total profit on both types of investment was $8,700, how much of the $50,000 did she invest
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Molly Invested $50,000 in various stocks and bonds. She earned 15% on the bonds and 18% on the stocks. If Molly's total profit on both types of investment was $8,700, how much of the $50,000 did she invest bonds?

User Ashok Kumar Ganesan
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1 Answer

11 votes
So molly invested 40000x 18%=)7200+
10000x15%=1500.7200+1500=8700
User Jarco
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8.4k points
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