Problema Solution
An investor wishes to gain a return of 12% on a total of two investments. If he has P100,000
invested at 10 %, how much additional money should be invested at 16%?
Answer provided by our tutors
in one investment p100000, he make 10%
in the other 16%
in total 12%
in what ratio the investment should be made is 16-12:12-10
i,e, 4:2
i.e, 2:1
so in first he invest p100000
so in the other p50000