Question

Car,en invested her saving in two investment funds.The $18000 that she invented in Fund A returned a 6 percent profit.The amount that she invented in fund B returned a 2 percent profit.How much did she invest in fund b,if both fund together returned a 5 percent profit

Answer 1

Explanation:

Car,en invested her saving in two investment funds.The $18000 that she invented in Fund A returned a 6 percent profit.

$18,000 × 6%

The amount that she invented in fund B returned a 2 percent profit.

= x × 2%

if both fund together returned a 5 percent profit

($18,000 + x ) 5%

Equation

18000 × 0.06 + x × 0.02 = (18000 + x) × 0.05