Answer:
Let a row matrix A = [10000 20000 180000] represents annual sale of product in market I and B represents annual sale of products in market II.
(a) Let a column matrix represents a unit sale price of product x, y and z.
Total revenue in the market I = AC
= [1000 × 2.50 × 2000 × 1.50 + 18000 × 1.00]
= 25000 + 3000 + 18000 = 46000
Total revenue in the market I = Rs.46,000
Also, total revenue in the market II = BC
= [6000 2000 8000]
= 15000 + 3000 + 8000 = 53000
Total revenue in the market II = Rs.53000
(b) Let a column matrix represents a unit cost.
Total cost of commodities sold in market
I = AD
[1000 × 2.00 + 2000 × 1.00 + 18000 × 0.50 ]
= 20000 + 2.00 + 9000 = 31000
Gross profit = Rs.(46,000 ? 31,000) = Rs.15,000.
Also, total cost of commodities sold in market II = BD
= [6000 × 2.00 × 2000 × 1.00 + 8000 × 0.50]
= 12000 + 20000 + 4000 = 36000
Gross profit = Rs.(53000 ? 36000)
= Rs.17,000
Gross profits are Rs.15,000, Rs.17,000
You need to login to perform this action.
You will be redirected in
3 sec