document.write( "Question 428486: mr. sharma ivested a total of 30,000 in two ventures for a year. the annual return from one of them is 8% and the other paid 10.5% for the year. he recieved a total income of 2250 from both. how much did he invest at each rate???\r
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document.write( "i need help solving this problem. \n" );
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Algebra.Com's Answer #853187 by ikleyn(53749) You can put this solution on YOUR website! . \n" ); document.write( "mr. sharma ivested a total of 30,000 in two ventures for a year. the annual return from one of them is 8% \n" ); document.write( "and the other paid 10.5% for the year. he recieved a total income of 2250 from both. \n" ); document.write( "how much did he invest at each rate? \n" ); document.write( "~~~~~~~~~~~~~~~~~~~~~~~~~~~~\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The problem is SELF-CONTRADICTORY and is posed INCORRECTLY.\r \n" ); document.write( "\n" ); document.write( "It describes a situation which NEVER may happen.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Indeed, if the entire amount of 30,000 is invested at the smaller interest rate of 8%,\r \n" ); document.write( "\n" ); document.write( "it will generate the interest of 0.08*30000 = 2400, which is GREATER (!) than 2250.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "*************************************************************\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " So, this problem is a typical \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "*************************************************************\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The solution in the post by @mananth is incorrect.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "It doesn't stand up to scrutiny.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |