A retired person has Rs. 70,000 to invest and two types of bonds are available in the market for investment. First type of bond yields an annual income of 8% on the amount invested and the second type yields 10% per annum. As per norms, he has to invest a minimum of Rs. 10,000 in the first type and not more than Rs.30,000 in the second type. How should he plan his investment, so as to get maximum returns after one year of investment? Formulate the above as LPP.
