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Exercise 1.3 · Q5

Q.The prices of three commodities A,BA, B and CC are Rs.,xx, yy and zz per unit respectively. A person PP purchases 4 units of BB and sells two units of AA and 5 units of CC. Person QQ purchases 2 units of CC and sells 3 units of AA and one unit of BB. Person RR purchases one unit of AA and sells 3 units of BB and one unit of CC. In the process, P,QP, Q and RR earn Rs.,15{,}000, Rs.,1{,}000 and Rs.,4{,}000 respectively. Find the prices per unit of A,BA, B and CC. (Use matrix inversion method to solve the problem.)

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Let x,y,zx,y,z be the prices per unit of A,B,CA,B,C respectively. For each person, money spent buying a commodity is a cost (subtract), and money received selling a commodity is income (add); the net of these equals the stated earning.

Step 1. Translate PP's transaction. PP purchases 4 units of BB (cost 4y4y) and sells 2 units of AA and 5 units of CC (income 2x+5z2x+5z); net earning Rs. 15,000\text{Rs. }15{,}000:

2x−4y+5z=15000.2x-4y+5z=15000.

Step 2. Translate QQ's transaction. QQ purchases 2 units of CC (cost 2z2z) and sells 3 units of AA and 1 unit of BB (income 3x+y3x+y); net earning Rs. 1,000\text{Rs. }1{,}000:

3x+y−2z=1000.3x+y-2z=1000.

Step 3. Translate RR's transaction. RR purchases 1 unit of AA (cost xx) and sells 3 units of BB and 1 unit of CC (income 3y+z3y+z); net earning Rs. 4,000\text{Rs. }4{,}000:

−x+3y+z=4000.-x+3y+z=4000.

Step 4. Write the system in matrix form AX=BAX=B.

A=(2−4531−2−131),X=(xyz),B=(1500010004000).A=\begin{pmatrix}2&-4&5\\3&1&-2\\-1&3&1\end{pmatrix},\quad X=\begin{pmatrix}x\\y\\z\end{pmatrix},\quad B=\begin{pmatrix}15000\\1000\\4000\end{pmatrix}.

Step 5. Compute ∣A∣|A| by expanding along row 1.

∣A∣=2∣1−231∣−(−4)∣3−2−11∣+5∣31−13∣=2(7)+4(1)+5(10)=14+4+50=68.|A|=2\begin{vmatrix}1&-2\\3&1\end{vmatrix}-(-4)\begin{vmatrix}3&-2\\-1&1\end{vmatrix}+5\begin{vmatrix}3&1\\-1&3\end{vmatrix}=2(7)+4(1)+5(10)=14+4+50=68.

Step 6. Compute the cofactors and assemble the adjoint.

C11=7, C12=−1, C13=10, C21=19, C22=7, C23=−2, C31=3, C32=19, C33=14.C_{11}=7,\ C_{12}=-1,\ C_{13}=10,\ C_{21}=19,\ C_{22}=7,\ C_{23}=-2,\ C_{31}=3,\ C_{32}=19,\ C_{33}=14.

Taking the transpose of the cofactor matrix, …

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