Browse by Stream
QnA
Home
QnA
Go To Your Study Dashboard

Get Answers to all your Questions

header-bg qa
  • Home
  • School
  • Provide solution for rd sharma math class 12 chapter Algebra of matrices exercise 4.3 question 74 sub question (i)

Provide solution for rd sharma math class 12 chapter Algebra of matrices exercise 4.3 question 74 sub question (i)

Answers (1)

Answer: Rs 15000 invested in the first bond and Rs 15000 invested in the second bond

Hint: Matrix multiplication is only possible, when the number of columns of first matrix is equal to the number of rows of second matrix.

Given: Total amount to invest in 2 different types of bonds=Rs 30000

First bond pays 5% interest per year

Second bond pays 7% interest per year

Let Rs x can be invested in the first bond then, the sum of money invested in the second bond will be Rs (30000-x)

First bond pays 5% interest per year second bond pays 7% interest per year

\therefore In order to obtain an annual total interest of Rs 1800, we have

\Rightarrow[x \quad(30000-x)]\left[\begin{array}{c} \frac{5}{100} \\ \frac{7}{100} \end{array}\right]=1800\\

 \therefore simple interest for 1 year

=\frac{\text { principal } \times \text { rate }}{100}

 

\\ \Rightarrow \frac{5 x}{100}+\frac{7(30000-x)}{100}=1800\\\\ \Rightarrow 5 x+210000-7 x=180000\\\\ \Rightarrow 210000-2 x=180000\\\\ \Rightarrow 2 x=210000-180000\\\\ \Rightarrow 2 x=30000\\\\ \Rightarrow x=\frac{30000}{2}\\\\ \Rightarrow x=15000

Thus, in order to obtain an annual total interest of Rs 1800, the trust should invest Rs 15000 in the first bond and the remaining Rs15000 in the second bond.

Posted by

infoexpert22

View full answer

Crack CUET with india's "Best Teachers"

  • HD Video Lectures
  • Unlimited Mock Tests
  • Faculty Support
cuet_ads

Similar Questions

Trending Articles/News

anam-khan

CBSE Class 12 board exams 2025 to have 50% competency-based questions; no change in 10th
anam-khan

CBSE Class 12 board exams 2024 over; expected result date, trends of last 10 years
anam-khan

CBSE Class 12 accountancy board exam analysis 2024 out; paper rated easy, balanced

Latest Question