# A manufactu

(a) Given the unit sale prices of x, y and z as Rs. 2.50, Rs. 1.50 and Rs. 1.00 respectively.

Unit sale prices can be represented in form of matrix as:

Calculating total revenue in market I:

Number of products in the form of matrix:

So the total revenue is given by:

=

=

=

=

Total revenue in market is Rs 46000.

Calculating total revenue in market II:

Number of products in the form of matrix:

So the total revenue is given by:

=

=

=

=.

Total revenue in market is Rs. 53000.

(b) Given the unit cost prices of x, y and z as Rs. 2.00, Rs. 1.00 and 50 paisa respectively.

Calculating gross profit in market I:

Unit cost prices can be represented in form of matrix as:

So the total cost of products in market I is given by:

=

=

=

Since the total revenue in market I is Rs. 46000, the gross profit in this market is given by:

(Rs. 46000 – Rs. 31000)

= Rs. 15000.

Calculating gross profit in market II:

The total cost of products in market II is given by:

=

=

=

=

Since the total revenue in market II is Rs. 53000, the gross profit in this market is given by:

(Rs. 53000 – Rs. 36000)

= Rs. 17000.

Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
view all courses
RELATED QUESTIONS :

If <span lang="ENMathematics - Exemplar

Solve for x and yMathematics - Exemplar

<span lang="EN-USMathematics - Exemplar

If AB = BA for anMathematics - Exemplar

If <img widMathematics - Exemplar

Total number of pMathematics - Exemplar

The matrix <span Mathematics - Exemplar

Show by an examplMathematics - Exemplar

If <img widMathematics - Exemplar

If matrix <span lMathematics - Exemplar