Home
Class 12
MATHS
An amount of Rs 5000 is put into three i...

An amount of Rs 5000 is put into three investments at the rate of interest of `6%,7% and 8%` per annum respectively. The total annual income is Rs 358. If the combined income from the first taoinvestments is Rs 70 more than the income from the third, find the amount of each investment by matrirx method

Promotional Banner

Similar Questions

Explore conceptually related problems

An amount of Rs 5000 is put into three investments at the rate of interest of 6%,7% and 8% per annum respectively. The total annual income is Rs 350. If the combined income from the first two investments is Rs 70 more than the income from the third, find the amount of each investment by matrix method.

An amount of Rs.5000 is put into three investments at the rate of 6%,7% and 8% per annum repectively.The total amount income is Rs.350.If the combined income from the first two investments is Rs.70 more than the income from the third.Find the amount of each investment.

An amount of Rs.5000 is invested in three types of investments, at interest rates 6% , 7%, 8% per annum respectively. The total annual income from these investment is 350/- If the total annual income from first two investment is Rs. 70 more than the income from the third,find the amount of each investment using matrix method.

An amount of Rs 10,000 is put into three investments at the rate of 10, 12 and 15% per annum. The combined income is Rs 1310 and the combined income of first and second investment is Rs 190 short of the income from the third. Find the investment in each using matrix method.

An amount of Rs 65,000 is invested in three bonds at the rates of 6 % , 8% and 10% 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 price of each bond. (Use Gaussian elimination method. )