The correct option is (D): Rs. 400, Rs. 500
Explanation:
Assume the monthly incomes are Rs. \(4x\) and \(5x\) for two individuals, and their monthly expenditures are Rs. \(7y\) and \(9y\) respectively.
From the question, we have these equations:
\(4x−7y=50 \)
\(5x−9y=50\)
By solving these equations, we get that \(y=50\) and \(x=100\). Therefore, the monthly incomes are Rs. 400 and Rs. 500 respectively.
A person wants to invest at least ₹20,000 in plan A and ₹30,000 in plan B. The return rates are 9% and 10% respectively. He wants the total investment to be ₹80,000 and investment in A should not exceed investment in B. Which of the following is the correct LPP model (maximize return $ Z $)?