Ivan invested his savings in two investment funds. The 3,000 that he invested in Fund A returned a 10% profit. The amount that he invested in Fund B returned a 3% profit. How much did he invest in Fund B, if both funds together returned a 6% profit?

Answer 1

(3000 * .10) + (B * .03) = .06 * (3000 + B)

300 + .03 B = 180 + .06 B