Ask Question
31 January, 07:09

A man invested a total of $3,000 in two investments. he made a profit of 3% on the first investment and 4% on the second investment. if his total profit was $107, what was the amount of each investment?

+3
Answers (1)
  1. 31 January, 07:13
    0
    Let the first investment be x

    and second be 3000-x

    so 3%of x + 4% of (3000-x) = 107

    By solving x = 1300

    First investment is 1300

    second investment is 1700
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A man invested a total of $3,000 in two investments. he made a profit of 3% on the first investment and 4% on the second investment. if his ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers