1. The stronghold construction Company is interested in taking loans from banks for some of its projects P, Q, R, S, T. The rates of interest and the lending capacity differ from bank to bank. All these projects are to be completed. The relevant details are provided in the following table. Assuming the role of a consultant, advise this company as to how it should take the loans so that the total interest payable will be the least. Are there alternative optimal solutions? If so, indicate one such solution.(7MARKS)

Bank	Interest rate in percentage for PROJECT					Max.credit (in thousands)
	P	Q	R	S	T
Private bank	20	18	18	17	17	50
Nationalized bank	16	16	16	15	16	400
Co-operative bank	15	15	15	13	14	250
Amount required (in thousands)	200	150	200	125	75