Forming simultaneous linear equations
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Q.
A couple went for a picnic, they have five sons and each son has three sisters. Each sister has one baby. In total, how many people went for the picnic?
Q. A total amount of ₹7000 is deposited in three different saving bank accounts with annual interest rates 5%, 8% and % respectively. The total annual interest from these three accounts is ₹550. Equal amounts have been deposited in the 5% and 8% saving accounts. Find the amount deposited in each of the three accounts, with the help of matrices.
Q.
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.