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An investor invested a total of ​$900 in two mutual funds. One fund earned a 7​% profit while the other earned a 4​% profit. If the​ investor's total profit was ​$51​, how much was invested in each mutual​ fund? The amount invested in the mutual fund that earned 7​% was?

1 Answer

3 votes

Answer:

y = 400 (amt invested at 4%)

x = 500 (amt invested at 7%)

Explanation:

Kindly check attached picture for detailed explanation

An investor invested a total of ​$900 in two mutual funds. One fund earned a 7​% profit-example-1
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