1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madreJ [45]
1 year ago
12

Jessica invested her savings in two investment funds. The $6000 that she invested in Fund A returned a 2% profit. The amount tha

t she invested in Fund B
returned a 6% profit. How much did she invest in Fund B, if both funds together returned a 5% profit?
Mathematics
1 answer:
goldfiish [28.3K]1 year ago
7 0

The investment made by Jessica in Fund B is $22500

It is given that,

When Jessica made an investment of $6000 in Fund A, the return she get is 2% profit

Profit with an investment of $6000 in Fund A  = 2 %

Let x be the investment made by Jessica in Fund B

Similarly, When Jessica made second investment of $x in Fund B, the return she get is 1% profit

Profit with an investment of $x in Fund B = 1%

It is also given that,

The total profit earned by Jessica in both Fund A and Fund B = 5%

6000+x = 5%

Now, we need to find we need to find the investment made by Jessica in Fund B i.e the value of x

Therefore, we get

2 x 6000 + x = 5(6000 + x)

120000 + x = 30000 + 5x

5x -x = 120000 - 30000

4x = 90000

x = 22500

Hence, the investment made by Jessica in Fund B is $22500

To learn more about, profit, here

brainly.com/question/15855326

#SPJ1

You might be interested in
Nandini makes 'halwa' one evening and divides it into four equal portions for her family of four. However, just as they are abou
Ahat [919]

Answer:

5%

Step-by-step explanation:

We know that when there are four people, then each person gets 25% of the halwa. However, when the fifth person comes, they have everyone including the guest get 20% of the halwa. In this way, the original four people are losing 5% of their halwa in order for the fifth person to get his piece

4 0
3 years ago
4(x+5)=-6(2x+2) what the answer
Alinara [238K]

Answer:

-16x = 32

Step-by-step explanation:


8 0
3 years ago
Read 2 more answers
How many solutions does
Natalija [7]

3(4x - 2) = 12x \\ 12x - 6 = 12x \\ 12x - 12x = 6 \\ 0 = 6
The answer is no solution
3 0
3 years ago
Choose the equation for the graph.
Marina CMI [18]

Answer:

C

Step-by-step explanation:

You just find the rate of change. So you would divide 30/1 which equals 30. So the equation is y=30x.

8 0
3 years ago
Read 2 more answers
Please help. ㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤㅤ
Yuki888 [10]

Answer:

try 36?

Step-by-step explanation:

5 0
3 years ago
Other questions:
  • What is the median of the following string or values 34, 63, 28, 7, 15, 8, 92, 37, 85, 3
    14·1 answer
  • Lily estimated a quotient of 120 and found an actual quotient of 83 what should she do next
    12·1 answer
  • Evaluate the expression,
    12·1 answer
  • Which Image shows the opposite of the opposite of 2/3 on a vertical number line
    6·2 answers
  • Which is the graph of y=|x|-2?
    8·1 answer
  • Explain how to solve the equation that is given AND solve.<br> -3x + 4 = 25
    9·2 answers
  • The volume of the polyhedron rounded to the nearest tenth is ______ cm3.
    10·1 answer
  • Anthony receives $12 in allowance every week.He currently has $492 saved.How many weeks has he been saving?
    9·1 answer
  • You are purchasing drywall for a remodeling job. Mike’s Drywall charges a delivery fee of $25 and charges $10 per
    12·1 answer
  • Helppppp plzzzzz helpppppp
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!