Question 997721: Ms.Vangie Dimaano wishes to realize a return of 12% on her total investments. If she has P40,000 invested at 10%, then how much additional money should she invest at 14%?
Answer by lwsshak3(11628)   (Show Source):
You can put this solution on YOUR website! Ms.Vangie Dimaano wishes to realize a return of 12% on her total investments. If she has P40,000 invested at 10%, then how much additional money should she invest at 14%?
let x=additional money invested at 14%
10%*40000+14%x=12%(40000+x)
1000+.14x=4800+.12x
.02x=3800
x=190,000
how much additional money should she invest at 14%?190,000
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