document.write( "Question 1196498: Cassy Finance Company has a total of N$20 million earmarked for home loans and automobile loans.
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document.write( "On the average, home loans will have a 10% rate of return on the loans given out while automobile
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document.write( "loans will yield a 12% rate of return on the loans extended. Management has also stipulated that the
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document.write( "total amount of home loans should be atleast four times the total amount of automobile loans. Use
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document.write( "the graphical method to determine the total amount of loans the company should extend to each of
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document.write( "the two categories of customers in order to maximise the rate of return on the loans extended.
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document.write( "(15 marks)
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document.write( "2.3 A fruit juice company makes two special drinks by blending apple and pineapple juices. The first drink
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document.write( "uses 30% apple juice and 70% pineapple juice, while the second drink uses 60% apple juice and 40%
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document.write( "pineapple juice. There are 1000 liters of apple juice and 1500 liters of pineapple juice available. If the
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document.write( "profit for the first drink is N$.60 per liter and that for the second drink is N$.50, use the simplex
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document.write( "method to find the number of liters of each drink that should be produced in order to maximize the
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document.write( "profit. \n" );
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Algebra.Com's Answer #829343 by ikleyn(52799)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "I solved first problem at this forum one or two weeks ago.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "See my solution under this link\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "https://www.algebra.com/algebra/homework/Percentage-and-ratio-word-problems/Percentage-and-ratio-word-problems.faq.question.1196250.html\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Do not pack more than one problem per post.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |