Goran invested his savings in two investment funds. The amount he invested in fund A was$2000 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 A, if the total profit from the two funds together was $540

Answer 1

Let X be the amount Goran invested in fund B. So in fund A, he invested X-2000 dollars.
Fund A returned 0.03(X-2000) and fund B returned 0.02X in profit.
The sum of the returns is $540: 0.03(X-2000)+0.02X = 540.
Combining the like terms, we get 0.05X - 60=540.
Adding 60 to both sides, we get 0.05X = 600
Dividing both sides by 0.05, we get X = <<12000=12000>>12,000.
Goran invested X-2000 = 12000-2000 = $<<12000-2000=10000>>10,000 in fund A. Answer: \boxed{10000}.