Suppose you have ₹12000 to invest. You have to invest some amount at 10% and the rest at 15%. How much should be invested at each rate to yield 12% on the total amount invested?
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Answered by
149
Hi ,
Let the amount invest on 10% = x
and
the amount invest on 15% = y
Total amount we have to invest is Rs1200
x + y = 12000 ------( 1 )
Given ,
To invest some amount 10% and the rest
at 15% ,
we should be invest to each rate to
yield 12% on the total amount invested
10x/100 + ( 15y/100 ) = ( 12/100 ) × 12000
=> 10x + 15y = 12 × 12000
=> 2x + 3yb= 28800 ---( 2 )
Solving ( 1 ) and ( 2 ) , we get
x = 7200 and y = 4800
Therefore ,
The amount to be invest at 10% = Rs7200
The amount to be invest at 12% = Rs4800
I hope this helps you.
: )
Let the amount invest on 10% = x
and
the amount invest on 15% = y
Total amount we have to invest is Rs1200
x + y = 12000 ------( 1 )
Given ,
To invest some amount 10% and the rest
at 15% ,
we should be invest to each rate to
yield 12% on the total amount invested
10x/100 + ( 15y/100 ) = ( 12/100 ) × 12000
=> 10x + 15y = 12 × 12000
=> 2x + 3yb= 28800 ---( 2 )
Solving ( 1 ) and ( 2 ) , we get
x = 7200 and y = 4800
Therefore ,
The amount to be invest at 10% = Rs7200
The amount to be invest at 12% = Rs4800
I hope this helps you.
: )
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