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Maria Invested a Total Of $27,000\$ 27,000 In Three Different Mutual Funds

Question 204

Multiple Choice

Maria invested a total of $27,000\$ 27,000 in three different mutual funds. After one year, the first fund had shown a loss of 4%4 \% , the second had shown a profit of 8%8 \% , and the third fund had shown a profit of 11%11 \% . In the first year Maria made a profit of $1710\$ 1710 from the three funds. If Maria invested twice as much in the fund that made a profit of 8%8 \% as she did in the fund that lost 4%4 \% , how much did she initially invest in each fund?


A) $7000\$ 7000 at a loss of 4%,$14,0004 \%, \$ 14,000 at a profit of 8%,$60008 \%, \$ 6000 at a profit of 11%11 \%
B) $12,000\$ 12,000 at a loss of 4%,$60004 \%, \$ 6000 at a profit of 8%,$90008 \%, \$ 9000 at a profit of 11%11 \%
C) $5000\$ 5000 at a loss of 4%,$10,0004 \%, \$ 10,000 at a profit of 8%,$12,0008 \%, \$ 12,000 at a profit of 11%11 \%
D) $6000\$ 6000 at a loss of 4%,$12,0004 \%, \$ 12,000 at a profit of 8%,$90008 \%, \$ 9000 at a profit of 11%11 \%

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