Investment Cookie Sales 94E9B7
1. **Identify the variables for problem 12:**
- Let $x$ be the amount invested at 5.5% interest.
- Let $y$ be the amount invested at 3.75% interest.
2. **List the other information:**
- Total investment: $x + y = 20000000$
- Total interest earned after one year: $0.055x + 0.0375y = 1008125$
3. **Write two equations:**
$$\begin{cases} x + y = 20000000 \\ 0.055x + 0.0375y = 1008125 \end{cases}$$
4. **Work problem:**
- From the first equation, express $y$ in terms of $x$:
$$y = 20000000 - x$$
- Substitute into the second equation:
$$0.055x + 0.0375(20000000 - x) = 1008125$$
- Simplify:
$$0.055x + 750000 - 0.0375x = 1008125$$
$$0.0175x + 750000 = 1008125$$
- Subtract 750000 from both sides:
$$0.0175x = 258125$$
- Solve for $x$:
$$x = \frac{258125}{0.0175} = 14778571.43$$
- Find $y$:
$$y = 20000000 - 14778571.43 = 5221428.57$$
**Answer:**
- Invested approximately $14778571.43$ at 5.5% interest.
- Invested approximately $5221428.57$ at 3.75% interest.
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1. **Identify the variables for problem 14:**
- Let $c$ be the number of cookies sold.
- Let $p$ be the number of cupcakes sold.
2. **List the other information:**
- Total items sold: $c + p = 180$
- Total money collected: $0.25c + 0.50p = 66$
3. **Write two equations:**
$$\begin{cases} c + p = 180 \\ 0.25c + 0.50p = 66 \end{cases}$$
4. **Work problem:**
- From the first equation, express $c$ in terms of $p$:
$$c = 180 - p$$
- Substitute into the second equation:
$$0.25(180 - p) + 0.50p = 66$$
- Simplify:
$$45 - 0.25p + 0.50p = 66$$
$$45 + 0.25p = 66$$
- Subtract 45 from both sides:
$$0.25p = 21$$
- Solve for $p$:
$$p = \frac{21}{0.25} = 84$$
- Find $c$:
$$c = 180 - 84 = 96$$
**Answer:**
- Sold 96 cookies.
- Sold 84 cupcakes.