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
1 answer:
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
----> equation A
The loan for product X was for $50,500 more than that for product Y
so
----> equation B
substitute equation B in equation A
solve for y
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