Exercise 2.3 · Q34
Q.The total cost of 3 T.V. sets and 2 V.C.R.s is Rs. 35000. The shop-keeper wants profit of Rs. 1000 per television and Rs. 500 per V.C.R. He can sell 2 T.V. sets and 1 V.C.R. and get the total revenue as Rs. 21,500. Find the cost price and the selling price of a T.V. set and a V.C.R.
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Start your 14-day free trial to unlock the full solution →Step 1: Let Rs. and Rs. be the cost prices of one T.V. and one V.C.R. "Total cost of 3 T.V. and 2 V.C.R. is Rs. 35000": .
Step 2: The shopkeeper's selling price is per T.V. and per V.C.R. "Selling 2 T.V. and 1 V.C.R. gives total revenue Rs. 21500": , i.e. , i.e. .
Step 3: In matrix form, , i.e. .
Step 4: . , so .
Step 5: . …
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