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Questions  >>  CBSE XII  >>  Math  >>  Matrices
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A trust fund has Rs 30,000 that must be invested in two different types of bonds. The first bond pays 5 $\%$ interest per year, and the second bond pays 7 $\%$ interest per year. Using matrix multiplication, determine how to divide Rs 30,000 among the two types of bonds. If the trust fund must obtain an annual total interest of: b) Rs. 2000

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