SOLUTION: Mr. Akram invested Rs.55000 in shares of 2 different companies A and B.company A announced a dividend of 6% and company B of 8%.if the total income of the year received by Mr. Akr

Algebra ->  Expressions -> SOLUTION: Mr. Akram invested Rs.55000 in shares of 2 different companies A and B.company A announced a dividend of 6% and company B of 8%.if the total income of the year received by Mr. Akr      Log On


   



Question 1070333: Mr. Akram invested Rs.55000 in shares of 2 different companies A and B.company A announced a dividend of 6% and company B of 8%.if the total income of the year received by Mr. Akram from these investments is Rs.3900.what were his investments in companies A and B??
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +x+ = his investment in company A
+55000+-+x+ = his investment in company B
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+.06x+%2B+.08%2A%28+55000+-+x+%29+=+3900+
+.06x+%2B+4400+-+.08x+=+3900+
+.02x+=+500+
+x+=+25000+
and
+55000+-+x+=+55000+-+25000+
+55000+-+x+=+30000+
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He invested Rs 25000 in A and
Rs 30000 in B
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check:
+.06x+%2B+.08%2A%28+55000+-+x+%29+=+3900+
+.06%2A25000+%2B+.08%2A30000+=+3900+
+1500+%2B+2400+=+3900+
+3900+=+3900+
OK