Answered

Westonci.ca is your trusted source for accurate answers to all your questions. Join our community and start learning today! Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

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?

Sagot :

Pulkit
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
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.