Question

Sam invested part of his 36,000 bonus in a fund that paid an 8% profit and invested the rest in stock that suffered a 5% loss find the amount of each investment if his overall net profit was 2,750

Answer 1

.08x - .05(36000-x) = 2750

Answer 2

susan Marciano invested part of her $26,000 bonus in a fund that paid a 10% profit and invested the rest in stock that suffered a 4% loss. Find the amount of each investment if her overall net profit was $ 1,200.