A manufacturer produces 3 products x, …
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Posted by Rao Raghava 5 years, 3 months ago
- 2 answers
Gaurav Seth 5 years, 3 months ago
(a) The unit sale prices of <i>x</i>, <i>y</i>, and <i>z </i>are respectively given as Rs 2.50, Rs 1.50, and Rs 1.00.
Consequently, the total revenue in market I can be represented in the form of a matrix as:
The total revenue in market II can be represented in the form of a matrix as:
Therefore, the total revenue in market I isRs 46000 and the same in market II isRs 53000.
(b) The unit cost prices of <i>x</i>, <i>y</i>, and <i>z </i>are respectively given as Rs 2.00, Rs 1.00, and 50 paise.
Consequently, the total cost prices of all the products in market I can be represented in the form of a matrix as:
Since the total revenue in market I isRs 46000, the gross profit in this marketis (Rs 46000 − Rs 31000) Rs 15000.
The total cost prices of all the products in market II can be represented in the form of a matrix as:
Since the total revenue in market II isRs 53000, the gross profit in this market is (Rs 53000 − Rs 36000) Rs 17000
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Mohd Wajid 5 years, 1 month ago
0Thank You