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Deon invested his savings in two investment funds. The amount he invested in Fund A was 5000 less than the amount he invested in Fund B. Fund A returned a 3% profit and Fund B returned a 2% profit. How much did he invest in Fund B, if the total profit from the two funds together was 500?
Answered by Reiny
amount invested in B ---- x
amount invested in A ---- x-5000

.03x + .02(x-5000) = 500

solve for x