SOLUTION: Syafiq, a college student earned RM 5800 during summer vacation working as a waiter in a popular restaurant, BUDU. Syafiq invested part of the money at 10% and the rest at 6%.

Algebra.Com
Question 1172052: Syafiq, a college student earned RM 5800 during summer vacation working as a waiter in
a popular restaurant, BUDU. Syafiq invested part of the money at 10% and the rest at 6%.
If Syafiq received a total of RM 444 in interest at the end of the year, how much was
invested at 10%?

Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.

Let x = how much was invested at 10%.

Then 5800-x was invested at 6%.


The total interest equation is


    0.1x + 0.06(5800-x) = 444.


From the equation


    x =  = 2400.      ANSWER

Solved.

-----------------

It is a standard and typical problem on investments.

If you need more details,  or if you want to see other similar problems solved by different methods,  look into the lesson
    - Using systems of equations to solve problems on investment
in this site.

You will find there different approaches  (using one equation or a system of two equations in two unknowns),  as well as
different methods of solution to the equations  (Substitution,  Elimination).

Also,  you have this free of charge online textbook in ALGEBRA-I in this site
    - ALGEBRA-I - YOUR ONLINE TEXTBOOK.

The referred lesson is the part of this online textbook under the topic  "Systems of two linear equations in two unknowns".


Save the link to this online textbook together with its description

Free of charge online textbook in ALGEBRA-I
https://www.algebra.com/algebra/homework/quadratic/lessons/ALGEBRA-I-YOUR-ONLINE-TEXTBOOK.lesson

to your archive and use it when it is needed.



RELATED QUESTIONS

A college student earned $3600 during summer vacation working as a waiter in a popular... (answered by RAY100)
A college student earned $7000 during summer vacation working as a waiter in a popular... (answered by checkley77)
A college student earned $6300 during summer vacation working as a waiter in a popular... (answered by stanbon)
A college student earned $6700 during summer vacation working as a waiter in a popular... (answered by mananth)
A college student earned $6,300 during summer vacation working as a waiter in a popular... (answered by solver91311)
A college student earned $5500 during summer vacation working as a waiter in a popular... (answered by checkley79)
a college student earned $5000 during summer vacation working as a waiter in a popular... (answered by TimothyLamb)
A college student earned $7,800 during summer vacation working as a waiter in a popular... (answered by Boreal)
A college student earned $7200 during summer vacation working as a waiter at a popular... (answered by ReadingBoosters)