Provide solution for rd sharma math class 12 chapter Algebra of matrices exercise 4.3 question 74 sub question (i)
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
In order to obtain an annual total interest of Rs 1800, we have
simple interest for 1 year
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.