Prabhat wants to invest the total amount of R s 15 , 000 in saving certificates and national saving bonds. According to rules, he has to invest at least R s 2000 in saving certificates and R s 2500 in

Question

Prabhat wants to invest the total amount of $R s 15, 000$ in saving certificates and national saving bonds. According to rules, he has to invest at least $R s 2000$ in saving certificates and $R s 2500$ in national saving bonds. The interest rate is $8%$ on saving certificate and $10%$ on national saving bonds per annum. He invest $R s$ x in saving certificate and $R s$ y in national saving bonds. Then the objective function for this problem is

Options:

Answer:

A

Solution:

The function is given by profit function $= x \cdot \frac{8}{100} + y \times \frac{10}{100} = 0.08 + 0.10 y .$

TestHub · Accepted Answer

The function is given by profit function = x ⋅ 100 8 ​ + y × 100 10 ​ = 0.08 + 0.10 y .

Mathematics - Basic maths Question with Solution | TestHub

Options:

Doubts & Discussion