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IN An investor invested a total $2100 in 2. We need to. Will funds morning on and 6% profit. Bobby there and 3% is the investor told profit was $117. How much invested in each mutual fine.
1800 invested in the one with 6% profit and 300 was invested in the one with 3% profit..
Expert answered|latefisher|Points 3339|
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Asked 11/12/2012 11:40:31 PM
Updated 9 days ago|12/3/2025 10:28:32 AM
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Given:
x + y = 2100
0.06x + 0.03y = 117
Solve for one variable
y = 2100 - x
Substitute into profit equation:
0.06x + 0.03(2100 - x) = 117
0.06x + 63 - 0.03x = 117
0.03x + 63 = 117
0.03x = 54
x = 54 / 0.03 = 1800
Solve for y
y = 2100 - 1800 = 300
Answer:
$1800 invested at 6%
$300 invested at 3%
Added 9 days ago|12/3/2025 10:28:32 AM
This answer has been confirmed as correct and helpful.
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