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Maths Puzzle
Percentage
Lina Chen invested $24,000, part at 8% and the rest at 7.2%. How much did she invest at each rate if her income from the 8% investment is two thirds that of the 7.2% investment?
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- $9000 @8% & $15000 @7.2%
If Amount invested at 8%=x,then Amount invested at 7.2%=(24000-x)
Given x*8/100 =(2/3)[(24000-x)*7.2/100]
38.4x=345600, x=9000
So amount invested at 8%=9000 & at 7.2%=(24000-9000)=15000 - 10 years agoHelpfull: Yes(0) No(0)
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