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Maths Puzzle
Numerical Ability
Tom invested 13,000.00 for one year, part at 9 percent annual interest and the rest at 7 percent annual interest. How much must he invest at 9 percent to get $1000.00 in interest in a year?
Read Solution (Total 1)
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- 4500
If amount invested at 9%=x and at 7%= 13000-x, then
Interest= x*(9/100) + (13000-x)*(7/100) =1000
x=4500 - 9 years agoHelpfull: Yes(0) No(0)
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