Question

A total of 28,000 is being invested in a local bank. The amount

invested in stocks is one fourth of the amount invested in
bonds. How much is invested in bonds?
(A) 4,600
(B) 7,000
(C) 8,500
(D) 20,000
(E) 22,400

Answer 1

(E) 22,400

Explanation:

Let b represent the amount invested in bonds. Then b/4 is the amount invested in stocks, and the total amount invested is ...

b/4 +b = 28000

5/4b = 28000 . . . . . collect terms

b = (4/5)(28000) = 22,400 . . . . . multiply by 4/5

22,400 is invested in bonds.