Question 799240
Part I	16.00%		per annum	-------------	Amount invested =x		
Part II	12.00%		per annum	------------	Amount invested = y		
	20000						
Interest-----	3000.00						
							
Part I	16.00%		per annum	---x			
Part II	12.00%		per annum	---y			
Total investment							
x	+	1	y=	20000	-------------1		
Interest on both investments							
16.00%	x	+	12.00%	y=	3000		
Multiply by		100					
16	x	+	12	y=	300000.00	--------2	
Multiply (1) by			-16				
we get							
-16	x	-16	y=	-320000.00			
Add this to (2)							
0	x	-4	y=	-20000			
divide by		-4					
			y	=	5000	 -	x)
Part I	16.00%	$	15000				
Part II	12.00%	$	5000				
							
CHECK							
15000	---------	16.00%	-------	2400.00			
5000	-------------	12.00%	-------	600.00			
Total			--------------------	3000.00			
							
m.ananth@hotmail.ca