document.write( "Question 1173936: please help me solve this problem: peter invested P300000.00 with 15% return in an electronic shop and 8% return in real estate. his annual income from his investments is P40000.00. how much did he invest in the electronics shop? \n" ); document.write( "
Algebra.Com's Answer #799280 by Theo(13342)![]() ![]() You can put this solution on YOUR website! his total investment was 300,000. \n" ); document.write( "let x = the investment in the electronic shop and y equal the investment in real estate. \n" ); document.write( "first equation is x + y = 300,000. \n" ); document.write( "second equation is .15x + .08y = 40,000. \n" ); document.write( "first equation tells you the amount invested. \n" ); document.write( "second equation tells you the interest on the investment.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "these two equations need to be solved simultaneously. \n" ); document.write( "they are: \n" ); document.write( "x + y = 300,000 \n" ); document.write( ".15x + .08y = 40,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "multiply both sides of the first equation by .15 and leave the second equation as is to get: \n" ); document.write( ".15x + .15y = 45,000 \n" ); document.write( ".15x + .08y = 40,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "subtract the second equation from the first to get: \n" ); document.write( ".07y = 5,000 \n" ); document.write( "solve for y to get: \n" ); document.write( "y = 5,000 / .07 = 71,428.57143 \n" ); document.write( "solve for x to get: \n" ); document.write( "x = 300,000 - 71,428.57143 = 228,571.4286.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "replace the two original equations with these values for x and y to get: \n" ); document.write( "x + y = 228,571.4286 + 71,428.57143 = 300,000 \n" ); document.write( ".15x + .08y = .15 * 228,571.4286 + .08 * 71,428.57143 = 40,000. \n" ); document.write( "this confirms the solution is correct. \n" ); document.write( "the solution is that he invested 228,571.4286 in the electronics shop.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |