Exercise 1.5 · Q3
Q.An amount of Rs.,65{,}000 is invested in three bonds at the rates of 6%, 8% and 9% per annum respectively. The total annual income is Rs.,4{,}800. The income from the third bond is Rs.,600 more than that from the second bond. Determine the amount invested in each bond. (Use Gaussian elimination method.)
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Start your 14-day free trial to unlock the full solution →We let be the amounts invested at 6%, 8%, 9%, translate "total invested", "total annual income" and "third bond's income exceeds the second's by ₹600" into three linear equations, and solve by Gaussian elimination.
Step 1. Translate the problem into equations. Let (in ₹) be the amounts invested at 6%, 8% and 9% respectively.
- Total invested:
- Total annual income:
- Third bond's income is ₹600 more than the second's: , i.e.
Step 2. Clear decimals. Multiply the second equation by : . Multiply the third by : (no term).
Step 3. Eliminate from using ( already has none). Apply :
Step 4. Eliminate from using . Apply :
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