Mr. Akpalu went to a market to purchase 3 kg of sugar, 10 kg of wheat and 1 kg of salt. In a shop near to Mr. Akpalu’s residence, these commodities are priced at € 20, €10 and € 6 per kg whereas in the local market these commodities are priced at € 15, € 8 and € 6 per kg respectively. If the cost of traveling to local market is € 25, find the net savings of Mr. Akpalu, using matrix multiplication method.
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Expert's answer
2021-03-07T16:59:19-0500
Denote by C1 and C2 vectors of prices in a shop and in the market respectively. Then
C1=⎝⎛20106⎠⎞,C2=⎝⎛1586⎠⎞
Let Q denotes vector of amounts needed for Mr.Akpalu. Then
Q=⎝⎛3101⎠⎞
Then the total price he pays equals to Q(Ci)
Thus the difference between total prices in 2 shops equals to
Q(C1)−Q(C2)=Q(C1−C2)=
(3101)(⎝⎛20106⎠⎞−⎝⎛1586⎠⎞)
(3101)⎝⎛520⎠⎞=3(5)+10(2)+1(0)=35
Since travelling to local market costs € 25 net savings equals to
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