Answer:
The answer to the question is
She invested
Php2700.00 at 8 % and
Php 20,400.00 at 11 %
Step-by-step explanation:
To solve the question we note that
Simple interest is given by [tex]\frac{P*R*T}{100}[/tex] where
P= Principal, R = Rate and T = Time
If we call the first part P₁, T₁, and R₁ and the second part
P₂, T₂, and R₂
Then [tex]{P_1*(1+R_1*T_1}) +{P_*(1+R_2*T_2}) = 2460.00[/tex]
= 2700×0.08×1 + P₂×0.11×1 = 2460 which gives
2244÷0.11 = P₂ or P₂ = Php 20,400.00
That is she invested
Php2700.00 at 8 % and
Php 20,400.00 at 11 %
