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NCERT Class 12 · Ch 3 Exercise 3.2 · Q19

NCERT Class 12 Maths · Chapter 3 Matrices · Exercise 3.2 Question 19

A ₹30000 trust fund is split between bonds paying fixed annual rates of 5% and 7%. Using matrix multiplication, find allocations for annual interest (a) ₹1800 and (b) ₹2000.

💡 Concept Hints

  1. Check the matrix orders and the meaning of the requested operation before calculating.
  2. Keep row and column indices in order. Compare corresponding entries only after the matrix expressions have compatible dimensions.

✅ Step-by-Step Solution

Final Answer: ₹1800 interest: X = \(15000\), Y = \(15000\); ₹2000 interest: X = \(5000\), Y = \(25000\)
  1. Let X,Y be the amounts invested at 5% and 7%. The matrix equation is \(\left[\begin{matrix}1 & 1\\\frac{1}{20} & \frac{7}{100}\end{matrix}\right]\)\(\left[\begin{matrix}x\\y\end{matrix}\right]\) = \(\left[\begin{matrix}30000\\t\end{matrix}\right]\).
  2. For interest ₹1800, subtract 0.05(X+Y)=1500 from 0.05X+0.07Y=1800 to get 0.02Y=300. Thus X = \(15000\), Y = \(15000\).
  3. For interest ₹2000, subtract 0.05(X+Y)=1500 from 0.05X+0.07Y=2000 to get 0.02Y=500. Thus X = \(5000\), Y = \(25000\).
  4. Both allocations are nonnegative and sum to ₹30000; substituting gives the stipulated annual interest.

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