The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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Answer:
x = 20/9
Step-by-step explanation:
We want to write out all of the mixed fractions into improper fraction form. So -2 and 1/9 becomes -19/9 and -4 and 1/3 becomes -13/3. Then we get (-19/9) - (-13/3). The two minus signs together means a positive/plus sign, so we get -19/9 + 13/3. In order to add, we want the denominator to be the same. A common denominator could be 9, so -19/9 + 13(3)/3(3) = -19/9 + 39/9 = 20/9, which is our final answer
In this case you go to the thousandths so,-.261, -0.262 ,-0.263,-0.264,and so on.you could even go to the millionths,for example -0.2611
In order to find this out, let's convert both of them into percents. Since 17.5 is already a percent, we only have to convert 1/6 into a percent. To convert 1/6 into a percent, you have to divide the numerator by the denominator. If you do that, you will get 0.1666..... as a repeating decimal. Now, multiply the decimal by 100 or just move the decimal 2 spaces to the right to get the percent. If you do that, you will get 16.6%. Since it is a repeating decimal, you can round it to 16.7%. So, 17.5% is larger than 1/6.
Hope it helps :)
80 would be your answer for this question
