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- Matrices part 34 (Invertible matrices)
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Two schools P and Q want to award their selected students on the values of discipline, politeness and punctuality. The school P wants to award Rs x each, Rs y each and Rs z each for the three respective values to its 3, 2 and 1 students with a total award money of Rs 1,000. School Q wants to spend Rs 1,500 to award its 4, 1 and 3 students on the respective values (by giving the same award money for the three values as before). If the total amount of awards for one prize on each value is Rs 600, using matrices, find the award money for each value.
Apart from the above three values, suggest one more value for awards.
A trust invested some money in two type of bonds. The first bond pays 10% interest and second bond pays 12% interest. The trust received Rs 2,800 as interest. However, if trust had interchanged money in bonds, they would have got Rs 100 less as interest. Using matrix method, find the amount invested by the trust. Interest received on this amount will be given to Helpage India as donation. Which value is reflected in this question?
A school wants to award its students for the values of Honesty, Regularity and Hard work with a total cash award of Rs 6,000. Three times the award money for Hard work added to that given for honesty amounts to Rs 11,000. The award money given for Honesty and Hard work together is double the one given for Regularity. Represent the above situation algebraically and find the award money for each value, using matrix method. Apart from these values, namely, Honesty, Regularity and Hard work, suggest one more value which the school must include for awards.