SOLUTION: An individual invested 50000rs in two types of bonds. He receives an interest from one at the rate 8% per annum and from the other at the rate of 12% per annum. If his annual incom

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Question 1098549: An individual invested 50000rs in two types of bonds. He receives an interest from one at the rate 8% per annum and from the other at the rate of 12% per annum. If his annual income from these is 5000rs, how much money was invested in each bond?
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39617)   (Show Source): You can put this solution on YOUR website!
Invested x of rs at 8% and 50000-x at 12%


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-----------rs at 8%.
.
.
Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.
Invested x at 8% and (50000-x) at 12%.


0.08x + 0.12*(50000-x) = 5000


0.08 + 0.12*50000 - 0.12x = 5000


-0.04x = 5000 - 0.12*50000 = -1000.


x =  = 25000.


Answer.  rs 25000 was invested at 8%  and  rs50000 - rs25000 = rs 25000 was invested at 12%.


The solution by @josgarithmetic is  WR O N G.
For your safety,  simply ignore it.

================
Since @josgarithmetic changed his post after my noticing,
below is what was written in the @josgarithmetic solution when I noticed his error (a copy)


Invested x of rs at 8% and 50000-x at 12%


-


-----------rs at 8%.

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