SOLUTION: A man has rs 35000 invested part 3 and half percent and the rest at 4% the total income is Rs 1300 find the sum invested at each rate
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Question 1090515: A man has rs 35000 invested part 3 and half percent and the rest at 4% the total income is Rs 1300 find the sum invested at each rate
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
Let n be the amount invested at 4%. Then, the amount invested at 3.5% would be 35000-n. So:
.04n+.035(35000-n)=1300
Then, solve for n.
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