Question

Suriti wants to Invest at most 12000 in saving certificates and National Saving Bonds. She has to invest at least 2000 in Saving certificates and at least 4000 in National Saving Bonds. If Rate of Interest on saving certificates is 8% per annum and rate of interest on national saving bond is 10% per annum. How much money should she invest to earn maximum yearly income? Find also the maximum yearly income.

23 Jan 2025
Answer :
Word Count : 364
This is a Linear Programming Problem (LPP) where we need to maximize Suriti's yearly income while following investment constraints. --- ### Step 1: Define Variables Let: - \( x \) = amount invested in Saving Certificates (in rupees) - \( y \) = amount invested in National Saving Bonds (in rupees) ### Step 2: Write the Constraints 1. Total Investment _____ __________ ______ ___ __________ ___ _____ ____.
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