Question: a ) A small bank is allocating maximum 0 % . Rs . 2 1 , 0 0 , 0 0 0 - for personal

a) A small bank is allocating maximum 0%. Rs.21,00,000- for personal & car loans. The interest rates per annum are 11% for car loan & 13% for personal loans. The loans are repaid at the end of one year period. The amount of personal car cannot exceed 40% of the car loans. Past experience has shown that bad debts to 1.2% of all personal loans. Formulate & solve the above problem to find the optimum loan allocations.
 a) A small bank is allocating maximum 0%. Rs.21,00,000- for personal

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