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Solution - A retired person wants to invest an amount of Rs. 50, 000. His broker recommends investing in two type of bonds ‘A’ and ‘B’ yielding 10% and 9% return respectively on the invested amount. - Graphical Method of Solving Linear Programming Problems

ConceptGraphical Method of Solving Linear Programming Problems

Question

A retired person wants to invest an amount of Rs. 50, 000. His broker recommends investing in two type of bonds ‘A’ and ‘B’ yielding 10% and 9% return respectively on the invested amount. He decides to invest at least Rs. 20,000 in bond ‘A’ and at least Rs. 10,000 in bond ‘B’. He also wants to invest at least as much in bond ‘A’ as in bond ‘B’. Solve this linear programming problem graphically to maximise his returns.

Solution

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Reference Material

Solution for question: A retired person wants to invest an amount of Rs. 50, 000. His broker recommends investing in two type of bonds ‘A’ and ‘B’ yielding 10% and 9% return respectively on the invested amount. concept: Graphical Method of Solving Linear Programming Problems. For the courses CBSE (Arts), CBSE (Commerce), CBSE (Science)
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