SOMEONE PLEASE HELP ME! I'VE BEEN DOING THIS HOMEWORK ASSIGNMENT SINCE 5
To solve this, you just have to multiply the percentage with the number.
I can show and guide you through the first, and then the second, to make sure you understand it.
\[0.1 \times 25000 = 2500\]
So, she has invested $2,500 in the stock when she had $25,000
Do you think you can do the second?
Right
do it this way... let x be the investment at 10% profit and then (25000 - x) is the investment at 5% loss and you know the overall result is $700 so 700 = 0.1x - 0.05(25000 - x) collect like terms and solve for x
x=13000
correct so the investment that made 10% was $13000 leaving $12000 with a loss of 5% 10% of $13000 = $1300 5$ of $12000 = $600 so 1300 - 600 = $700
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