Question 308887
.01X+.16(600,000-X)=.12*600,000
.01X+96,000-.16X=72,000
.01X-16.X=72,000-96,000
-.15X=-24,000
X=-24,000/-.15
X=160,000 WAS INVESTED IN COMPACT CARS.
600,000-160,000=440,000 AMOUNT INVESTED IN MID SIZED CARS.
PROOF:
.01*160,000+.16*440,000=.12*600,000
1,600+70,400=72,000
72,000=72,000