document.write( "Question 1185437: donna invested part of her money at 8% and the remainder at 10%, if she invested P400,000 and received a total of P37,000 in interest, how much did she invest each rate?
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Algebra.Com's Answer #816270 by greenestamps(13200)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "If a formal algebraic solution is not required, here is a quick an easy way to solve any 2-part mixture problem like this. \n" ); document.write( "(1) All P400,000 invested at 8% would yield P32000 interest; all at 10% would yield P40000 interest; the actual amount of interest was P37000. \n" ); document.write( "(2) Picture the three amounts 32000, 37000, and 40000 on a number line and observe/calculate that 37000 is 5000/8000 = 5/8 of the way from 32000 to 40000. \n" ); document.write( "(3)That means 5/8 of the total was invested at the higher rate. \n" ); document.write( "ANSWER: 5/8 of the P400,000, or P250,000, was invested at 10%; the other P150,000 at 8% \n" ); document.write( "CHECK: .10(250000)+.08(150000)=25000+12000=37000 \n" ); document.write( " \n" ); document.write( " |