Question

Mr. Rodriguez invests half his money in land, a tenth in stocks, and a twentieth in bonds. He puts the remaining $35,000 in his savings account. What is the total amount of money that mr. Rodriguez saves and invests

Answer 1

50% were invested in land, 10% were invested in stocks and 20% were invested in bonds.

Based on this, the total percentage of investments can be calculated as follows:
percentage of investments = 50% + 10% + 20% = 80%

The remaining percentage that was put into a saving account can be calculated as follows:
percentage of money in saving account = 100% - 80% = 20%

Now we know that the remaining is $35,000 represent the 20% of his money.
Assume his total amount of money is m, therefore:
20% x m = 35000
0.2m = 35,000
m = (35,000) / 0.2 = 175,000

Based on this, the total amount of money that Mr. Rodriguez saves and invests is $175,000