Hey! Can anybody solve Q36 and Q37 with step-by-step solution?
Thanks!
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Let x be the total capital.Hence she invested x/3 at 7% interest.x/4 at 8% interest and remaining 5x/12 at 10% interest.
Interset=ptr/100(p=priciple amount;t=time;r=rate)
for 1 year her income for this capital will is 561
561=[(x/2)*1*7/100]+[(x/4)*1*8/100]+[(5x/12)*1*10]/100
from this we get x i.e., total capital is which is approximately equal to 5800/-
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