Asked by abhishek
Steve has Rs. 12000/-, he invested some amount at 10% and rest at 12% simple interest. His income from these investment is Rs.1280/-. How much he invest at 10%?
Answers
Answered by
Reiny
amount invested at 10% -- x
amount invested at 12% ---- 12000 - x
.10x + .12(12000 - x) = 1280
easy to solve for x
amount invested at 12% ---- 12000 - x
.10x + .12(12000 - x) = 1280
easy to solve for x
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