# math

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sam invested part of his \$25,000 bonus in a fund that paid 8% profit and invested the rest in stock that suffered a 3% loss. Find the amount in each investment if his overall net profit was \$1230.

• math -

Let Sam invested for profit = \$ x

Thus other investment = \$(25000 -x)
The profit = 8% of x= 0.08x
Loss = 3% of (25000-x) = 0.03(25000-x)

Thus 0.08x -0.03(25000-x) = 1230

We get x= 18,000

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