You have 12,000/- saved amount, and wants to invest it in two schemes yielding 10%
and 15% interest. How much amount should be invested in each scheme so that you
should get overall 12% interest.
Answers
Answer:
ANSWER
Let the amount to be saved at 10% be Rs . x
Let the amount to be saved at % be Rs. y From problem
x+ y = 12000.....(1)
10% of x + 15% of y = 12% of 12000
⇒
100
10
x+
100
15
y=
100
12
×12000⇒10x+15y=144000...(2) Theequation(1)×1010x+10y=12000...(3) 10x+15y=144000(3)−(2)gives −5y=24000⇒y=
5
24000
=4800 Substituteyvaluein(1)x+4800=12000 ⇒x=12000−4800=7200
The amount saved at 10% = Rs. 7200
The amount saved at 15% = Rs. 4800
Step-by-step explanation:
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