Problema Solution
An investor invested $2400 in two funds. one fund makes a 5% profit. The other makes a 2% profit. The total profit was $75. What is the amount invested in the fund that earned 5%? What is the amount invested in the fund that earned 2%?
Answer provided by our tutors
the amount invested in the fund that earned 5% were $900 and the amount invested in the fund that earned 2% were $1500. This is the correct answer.