Q24. David wants to invest atmost Rs 12000 in Bonds A and B. According to the rule, he has to invest atleast Rs 2000 in Bond A and atleast Rs 4000 in Bond B. If the rates of interest on Bonds A and B respectively are 8% and 10% per annum, formulate the problem as L.P.P. and solve it graphically for maximum interest. Also determine the maximum interest received in a year.

Solution