Practicing Success
A person wants to invest an amount of ₹75,000. He has two options A and B yielding 8% and 9% return respectively on the invested amount. He plans to invest at least ₹15,000 in Plan A and at least ₹25,000 in Plan B. Also he wants that his investment in Plan A is less than or equal to his investment in Plan B. Which of the following options describes the given LPP to maximize the return (where x and y are investments Plan A and Plan B respectively? |
maximize Z = 0.08x + 0.09y maximize Z = 0.08x + 0.09y maximize Z = 0.08x + 0.09y maximize Z = 0.08x + 0.09y |
maximize Z = 0.08x + 0.09y |
The correct answer is Option (4). |