Question 1056980: Pedro borrows P25,000.00 from a bank. Part of the amount has a simple interest of 12% and the remainder has a simple interest rate of 8%. If the total interest after a year is P1,650.00, what are the amounts in each rate?
Answer by ikleyn(52800)   (Show Source):
You can put this solution on YOUR website! .
Pedro borrows P25,000.00 from a bank. Part of the amount has a simple interest of 12% and the remainder
has a simple interest rate of 8%. If the total interest after a year is P1,650.00, what are the amounts in each rate?
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The condition is wrong.
Even 8% of 25000 is 2000.
So, the interest can not be P1650. It must be more than P2000, under the given condition.
In other words, the problem HAS NO SOLUTIONS in positive real numbers.
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