Question

Ahmed's total investment in bonds is Rs.50,000/-. He had made two investments, the first one four years before at 8% and the second two years before at 10%. If his total income through these investments this year is Rs.4,600/- what was the amount of each investment?
kindly guide through proper solution
Thanks alot​

Answer 1

Answer:

Ahmed invested 20000 @8%, and 30000 @10%.

Step-by-step explanation:

Ahmed's total investment in bonds is Rs.50,000/-.

Let us consider first and second investment are x and y respectively.

                           $x+y=50000\\ \\ .08x+.10y=4600\\ \\ 8x+10y=460000----(1)\\ \\ 8x+8y=400000----(2)\\ \\ 2y=60000\\ \\ y=30000\\ \\ x=20000$

Ahmed invested 20000 @8%, and 30000 @10%.