Westonci.ca is the ultimate Q&A platform, offering detailed and reliable answers from a knowledgeable community. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

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
Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.