Hi Dennis, There are many ways to compute the weighted average. Basically, the only mathematical requirement is that the weights all add up to one. I can say that the equation you gave is proper, since
Taje $x abd invest it at 2%. That leaves $(3000-x) to be invested at 5%. The equation to solve is $x(2%) + $(3000-x)(5%) = $(3000)(4%). This mulitplies out to 0.02x + 150 - 0.05x = 120. Combine
The only way I know is with a lot of pencil work. You just whittle it down. 10^3 is 1000 so you know it's more than that. 20^3 is 8000, so you know it's between 10 and 20 and it's a little closer to
Let me see if I understand the problem. A bicycle dealer allows 10% discount on his bicycles. He still makes a profit of 20% on each bicycle. If the total profit he makes is 150, what is the list
Since the numbers go from 000000 (which is 0) to 999999, which is 999,999, that looks like a million numbers to me with the first 100,000 that have leading 0's. The list would start like 000,001 000

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