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A trust fund has Rs 30000 …

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A trust fund has Rs 30000 that must be invested in two diff types of bonds the first year bond pays 5per interest per year and second pays 7 per per year . Using matrix multoplication determine how to divide 30000 among the two types of bond .a 1800. b 2000

Posted by Navin Kumar 6 years, 7 months ago

CBSE > Class 12 > Mathematics

1 answers

Gaurav Seth 6 years, 7 months ago

A trust fund has Rs. 30, 000 that, must be invested in two different types of bonds. The first bond pays 5% interest per year, and the second bond pays 7% interest per year. Using matrix multiplication, determine how to divide Rs. 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of:
(a) Rs. 1800 (b) Rs. 2000

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