I have a few questions within the same subject of Alg Thank
I have a few questions within the same subject of Alg. Thank you!
A goldsmith combined an alloy that costs $4.30 per ounce with an alloy that costs $1.80 per ounce. How many ounces of each were used to make a mixture of 200 oz costing $2.35 per ounce?
Find the cost per ounce of a sunscreen made from 100 oz of a lotion that costs $2.50 per ounce and 150 oz of a lotion that costs $5.00 per ounce. (Round your answer to the nearest cent.)
A dentist invested a portion of $11,000 in a 8% annual simple interest account and the remainder in a 7.5% annual simple interest government bond. The two investments earn $860 in interest annually. How much was invested in each account?
Joseph Abruzzio is the manager of a trust. He invested 30% of a client\'s cash in government bonds that earn 6.5% annual simple interest, 30% in utility stocks that earn 7% annual simple interest, and the remainder in an account that earns 8% annual simple interest. The total annual interest earned from the investments was $5,365. Find the total amount invested.
Solution
1) A goldsmith combined an alloy that costs $4.30 per ounce with an alloy that costs $1.80 per ounce. How many ounces of each were used to make a mixture of 200 oz costing $2.35 per ounce?
--- Let x ounce of alloy costing $ 4.30 ounce
--- Let y ounce of alloy costing $ 1.80 per ounce
x + y = 200 ----( 1)
4.3x + 1.8y = 470 ----(2)
------------------------------
Multiplying equ. (1) by 4.3:
4.3x + 4.3y = 860
4.3x + 1.8y = 470
------------------------( subtract)
2.5y = 390 ----> y = 156 ounce
x = 200 - 156 = 44 ounce
2) A dentist invested a portion of $11,000 in a 8% annual simple interest account and the remainder in a 7.5% annual simple interest government bond. The two investments earn $860 in interest annually. How much was invested in each account?
----- Let $x be invested at 8% simple interest
S.I. = x*8*1/100 = 0.08x
----- ( 11000 -x) be invested at 7.5%
S.I. = ( 11000 -x)*7.5*1/100 = 825 - 0.075x
Total interest = 0.08x + 825 -0.07x = 860
0.01x = 35
x = $3500 @ 8%
11000 -x = $ 7500

