Shamali wants to invest ` 50,000 in saving certificates and PPF. She wants to invest…

Mathematics · Class 12 · CBSELinear Programming

Shamali wants to invest ` 50,000 in saving certificates and PPF. She wants to invest atleast ` 15, 000 in saving certificates and at least ` 20,000 in PPF. The rate of interest on saving certificates in 8% p.a. and that on PPF is 9% p.a. Formulate the above problem as LPP to determine maximum yearly income.
  1. Maximize Z = 0.08x + 0.09y
    Subject to, x + y ≤ 50000, x ≥ 15000,y ≥ 20000
  2. Maximize Z = 0.08x + 0.09y
    Subject to, x + y ≤ 50000, x ≥ 15000,y ≤ 20000
  3. Maximize Z = 0.08x + 0.09y
    Subject to, x + y ≤ 50000, x ≤ 15000,y ≥ 20000
  4. Maximize Z = 0.08x + 0.09y
    Subject to, x + y ≤ 50000, x ≤ 15000,y ≤ 20000

Answer

(A) Maximize Z = 0.08 x + 0.09 y Subject to, x + y ≤ 50000, x ≥ 15000, y ≥ 20000

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