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Ganezh [65]
3 years ago
8

a man invested a total of $3,000 in two investments. he made a profit of 3% on the first investment and 4% on the second investm

ent. if his total profit was $107, what was the amount of each investment?
Mathematics
1 answer:
klio [65]3 years ago
7 0
Let the first investment be x
and second be 3000-x

so 3%of x + 4% of (3000-x) = 107
By solving x = 1300 

First investment is 1300
second investment is 1700
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