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a man invested one part of his savings at an annual interest at the rate of 12 percent and the other parts at 14 percent if he received a total interest of Rs 4000 represent the given information in the form of a linear equation in two variables
Asked by titub5397 | 17 Dec, 2023, 11:39: AM
answered-by-expert Expert Answer

Let Rs.x is invested that gives annual rate of interest 12% .

Let Rs.y is invested that gives annual rate of interest 14% .

Interest from investement that gives annual rate of interest 12% = (12/100) x

Interest from investement that gives annual rate of interest 14% = (14/100) y

Total interest = (12/100) x + (14/100) y = 4000

Total interest = 12 x + 14 y = 400000

By simplifying above expression, we get

6 x + 7 y = 200000

 

 

Answered by Thiyagarajan K | 17 Dec, 2023, 02:53: PM

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