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How to do this not understanding qn.20

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Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

28-Sep-20 07:55

380

Answers (1)

Let 3 parts be a, b & c . a + b + c = 44000 Interest amounts are equal for given data i.e a x 2 x 6% = b x 3 x 8% = c x 6 x 6% 12%a = 24%b = 36%c i.e 12a = 24b = 36c a = 2b = 3c so c is smallest converting all 3 parts into variations of c a = 3c b = 3c/2 a + b + c = 44000 3c + 3c/2 + c = 44000 11c/2 = 44000 c =8000


Sriram Somayajula

Sriram Somayajula

Admin

28-Sep-20 09:12

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