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Total investment is PKR 50000 in two bonds the first bond rate is 8 percent and second bond rate is 10 percent the combined return in current year is PKR 4600 Find the investment in two bonds?
Panawala
Answer from Panawala - Karachi - Pakistan Lets start with equations 1. x + y = 50000 2. 0.08x + 0.1y = 4600 Now multiply equation 1 with 0.1 you get equation 1 as follows 1. 0.1x + 0.1y = 5000 Now subtract equation 2 from equation 1 you get 0.02x = 400 x = 20000 put the value of x in equation 1 and you get the value of y = 30000
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