. Mr. X went to market to purchase 3 kg of sugar, 10 kg of wheat and 1kg of salt. In a shop, ARPICO near to Mr. X’s residence, these commodities are priced at Rs 20, Rs10 and Rs 8 per kg whereas in the local market, CARGILLS these commodities are priced at Rs 15, Rs. 8 and Rs 6 per kg respectively. If the cost of travelling to CARGILLS is Rs 25, find
the net savings of Mr. X, using matrix multiplication method
1
Expert's answer
2013-09-06T14:08:49-0400
Denote by C1 and C2 vectors of prices in ARPICO and CARGILLS respectively. Then
C1=⎝⎛20108⎠⎞;C2=⎝⎛1586⎠⎞
Let Q denotes vector of amounts needed for Mr. X. Then
Q=⎝⎛3101⎠⎞
Then the total price he pays equals to
Q′Ci
Thus the difference between total prices in 2 shops equals to
Comments