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Class 10 Math Written WT-1 2024-25 Linear Inequation and Banking
Class 10 Math Written WT-1 2024-25 Linear Inequation and Banking
Objective:
The objective of this written task is to apply the concept of linear inequalities to analyse and solve real-
life scenarios. By exploring various situations where linear inequalities are relevant, the students will
develop a deeper understanding of how mathematical concepts can be applied to practical problems.
Task:
Define variables representing the expenses for transportation (T), accommodation (A), meals (M), and
entertainment (E).
The family has maximum Rs. 25.000 as funds for the tour and their budget on transportation and
accommodation cannot exceed Rs. 10,000. Write linear inequality equations representing the budget
constraints for each expense category based on the available funds. Solve the system of linear
inequalities to find the feasible region representing the possible combinations of expenses within the
budget.
Your goal is to analyse different age groups and investment amounts to determine the optimal
combination that yields the maximum profit over time.
Task:
Here's the scenario:
You have access to historical data on interest rates offered by various financial institutions for recurring
deposits. Pick the best interest that is offered. Based on this data, you'll create a model to simulate the
growth of investments over time and identify the best age and investment amount to achieve maximum
profit.
Age of the investor: Different age groups may have varying risk tolerances and investment horizons.
Investment amount: The amount deposited into the recurring deposit account each month.
Interest rate: The rate of interest offered by the financial institution.
Investment duration: The length of time the investment is held, which may vary based on the investor's
goals.
You'll need to develop mathematical models and conduct simulations to determine the optimal age and
investment amount for each client to maximize their profits from recurring deposits. Your
recommendations will be based on a careful analysis of the historical data and consideration of each
client's individual financial situation and goals.
Note: Round of the results of each task to nearest whole number.
ASSIGNMENT INSTRUCTIONS:
• Attempt the questions neatly and number them correctly.
• Write all steps as marks will be allotted according to steps.
• Adhere to the submission date.
• Assignment will not be marked if submitted after the due date.
MARKING/RUBRIC:
(attach/append below)
Accuracy (4 points):
0 points: Significant errors throughout the solution.
1-2 points: Several minor errors present in the solution.
3-4 points: Mostly accurate solution with few minor errors, if any.
Completeness (3 points):
0 points: Incomplete solution, missing major steps or components.
1-2 points: Partially complete solution, missing some minor steps or explanations.
3 points: Fully complete solution, including all necessary steps and explanations.
Understanding (2 points):
0 points: Lack of understanding demonstrated, with significant gaps in reasoning.
1 point: Basic understanding demonstrated, but with some confusion or lack of clarity in explanations.
2 points: Clear demonstration of understanding, with thorough explanations and reasoning.
Presentation (1 point):
0 points: Poor presentation, difficult to follow solution due to disorganization or lack of clarity.
1 point: Well-presented solution, easy to follow with clear formatting and labeling.
Bonus (Up to 1 point):
Additional point(s) awarded for exceptional creativity, insightful observations, or going above and
beyond the requirements of the task.