29. A trust fund has ? 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 ? 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of:

(a) 1800 (b) 2000

170 Views|Posted 8 months ago
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1 Answer
V
8 months ago

let x be the investment in the first bond out of total '30,000.

(M) then, investment use for the second bond = ' 30,000 - x.

Hence, investment matrix A = [x30,000x]1*2

As there is 5% and 7% interest paid the first and second , (per year)

=[x*5100+(30000x)*7100]1*1=5x+2,10,0007x100=2,10,0002x100.

Manual total interest = ' 210,0002x100.

(a) Given, manual total interest = ' 1800.

 '2,10,0002x100='1800.

'2,10,0002x='1.80,000

' 210.000

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Maths Ncert Solutions class 12th 2026

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