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A manufacturer produces three products x , y , z which he sells in two markets. Annual sales are indicated below: Market Products I 10000 2000 18000 II 6000 20000 8000 (a) If unit sale prices of x , y and z are Rs 2.50, Rs 1.50 and Rs 1.00, respectively, find the total revenue in each market with the help of matrix algebra. (b) If the unit costs of the above three commodities are Rs 2.00, Rs 1.00 and 50 paise respectively. Find the gross profit. |
| Answer» A manufacturer produces three products x , y , z which he sells in two markets. Annual sales are indicated below: Market Products I 10000 2000 18000 II 6000 20000 8000 (a) If unit sale prices of x , y and z are Rs 2.50, Rs 1.50 and Rs 1.00, respectively, find the total revenue in each market with the help of matrix algebra. (b) If the unit costs of the above three commodities are Rs 2.00, Rs 1.00 and 50 paise respectively. Find the gross profit. | |