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BITSAT 2012
Exam
BITSAT
Year
2012
Subject
Mathematics
Chapter
Basics of Mathematics

BITSAT 2012 · Mathematics · Basics of Mathematics

Prabhat wants to invest the total amount of Rs 15,000 in saving...

Prabhat wants to invest the total amount of Rs15,000Rs 15,000 in saving certificates and national saving bonds. According to rules, he has to invest at least Rs2000Rs 2000 in saving certificates and Rs2500Rs 2500 in national saving bonds. The interest rate is 8%8 \% on saving certificate and 10%10 \% on national saving bonds per annum. He invest RsRs x in saving certificate and RsRs y in national saving bonds. Then the objective function for this problem is

Options

  1. A0.08x+0.10y0.08 \mathrm{x}+0.10 \mathrm{y}
  2. Bx2000+y2500\frac{x}{2000}+\frac{y}{2500}
  3. C2000x+2500y2000 \mathrm{x}+2500 \mathrm{y}
  4. Dx8+y10\frac{x}{8}+\frac{y}{10}

Correct answer

A. 0.08x+0.10y0.08 \mathrm{x}+0.10 \mathrm{y}

Step-by-step solution

The function is given by profit function =x ⋅8100+\cdot \frac{8}{100}+ y ×10100=0.08+0.10y.\times \frac{10}{100}=0.08+0.10 y.
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