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Lunna [17]
3 years ago
10

A bank lent $200,500 for the development of two products. If the loan for priduct X was for $50,500 more than that for product Y

, how much was lent for product Y​
Mathematics
1 answer:
Kaylis [27]3 years ago
8 0

Answer:

$75,000

Step-by-step explanation:

Let

x ----> amount lent for product X

y ---->amount lent for product Y

we know that

A bank lent $200,500 for the development of two products

so

x+y=200,500 ----> equation A

The loan for product X was for $50,500 more than that for product Y

so

x=y+50,500 ----> equation B

substitute equation B in equation A

y+50,500+y=200,500

solve for y

2y=200,500-50,500\\2y=150,000\\y=\$75,000

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