suppose you have 12000 to save you have to save some amount at 10 percentage and the rest at 15 percentage how much should be saved at each rate to yield 12 percentage on the total amount saved
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Answer:
amount at 10%=4800
amount at 15%=7200
i assumed you meant rates and that it is simple interest in 1 year
edit: i mistakenly put 1 star, i was testing if the person answering could vote but it submitted immediately
Step-by-step explanation:
sum=12,000
simple interest=principal×rate×time÷100
r₁=10, r₂=15
12÷100×12000=1440
1440= 10÷100×(12000-x) + 15÷100×x
1440= 0.1(12000-x) + 0.15x
1440= 1200-0.1x +0.15x
1440= 1200-0.05x
1440-1200=0.05x
x= 240÷0.05= 4800
12000-4800=7200
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