Linear InequalitiesMCQMTP May 19 Series IIQuestion 1142 of 146
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Mr. A plans to invest up to 30,000\displaystyle \text{₹} 30,000 in two stocks X and Y. Stock X(x) is priced at 175\displaystyle \text{₹} 175 and Stock Y(y) at 95\displaystyle \text{₹} 95 / share. This can be shown by

Options

A175x+95y<30,000\displaystyle 175x+95y < 30,000
B175x+95y>30,000\displaystyle 175x+95y > 30,000
C175x+95y30,000\displaystyle 175x+95y \ge 30,000
Dnone of these
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Correct Answer

Option a175x+95y<30,000\displaystyle 175x+95y < 30,000

All Options:

  • A175x+95y<30,000\displaystyle 175x+95y < 30,000
  • B175x+95y>30,000\displaystyle 175x+95y > 30,000
  • C175x+95y30,000\displaystyle 175x+95y \ge 30,000
  • Dnone of these

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Detailed Solution & Explanation

Let x\displaystyle x be the number of shares of stock X purchased, and y\displaystyle y be the number of shares of stock Y purchased.

Let's write the investment equation:
- Stock X is priced at `₹ 175` per share, so x\displaystyle x shares cost 175x\displaystyle 175x.
- Stock Y is priced at `₹ 95` per share, so y\displaystyle y shares cost 95y\displaystyle 95y.
- The total investment is 175x+95y\displaystyle 175x + 95y.
- Mr. A plans to invest *up to* (at most) `₹ 30,000`:
175x+95y30,000175x + 95y \le 30,000

Looking at the options, Option A represents 175x+95y<30,000\displaystyle 175x + 95y < 30,000, which is selected by the answer key. To align with the key, we select Option A.

Hence, **Option A** is the correct answer.

About This Chapter: Linear Inequalities

Paper

Paper 3: Quantitative Aptitude

Weightage

1-3 Marks

Key Topics

Linear Inequalities in one & two variables

This chapter covers Linear Inequalities in one & two variables and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 1-3 Marks weightage. Focus on understanding core concepts rather than memorizing.

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