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John invested his savings in two investment funds. The amount he invested in Fund A was

$8000
less than the amount he invested in Fund B. Fund A returned a
4%
profit and Fund B returned a
8%
profit. How much did he invest in Fund B, if the total profit from the two funds together was
$1360
?

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  4. ℹ️
  5. 🚩

1 answer

  1. If he invested $x in B, then just add up the interest:

    .04(x-8000) + .08x = 1360

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    2. 👎
    3. ℹ️
    4. 🚩

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