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Basic Mathematics – I




                    Notes
                                      7800 4000 11400 8000 5000 10500 7000 4500 12600

                                      9750 6000 3800   10000 7500 3500   8950 6750 4200

                                      Bang. Bomb.  ND
                                      23200  23500  24100  Jain
                                      19550  21000  19900  Gupta
                                                        2 3
                                   Jain has to sell his  shares in  New Delhi  and Gupta  has to sell his shares in Bombay to get
                                   maximum receipt.


                                          Example: Keerthi buys 8 dozen of pens, 10 dozens of pencils and 4 dozen of rubber. Pens
                                   cost   18 per dozen, pencils   9 per dozen and rubber   6 per dozen. Represent the quantities
                                   bought by a row matrix and prices by a column matrix and hence obtain the total cost.

                                   Solution:
                                   Let A be the row matrix of quantities and B be the column matrix of prices.

                                     A   8 10 4


                                         18
                                     B    9

                                          6


                                                   18
                                     AB   8 10 4    9   [144 90 24] [258]
                                                    6

                                     Total cost is   258.


                                          Example: Two oil merchants have the following stock of oil (in kg):
                                       Merchant  Groundnut     Sunflower      Coconut
                                       A              250            300          150
                                       B              400            350           100

                                   The approximate prices (in   per kg) of three types of oil in 3 markets are:
                                       Market    Groundnut     Sunflower      Coconut
                                       X              70            50           150
                                       Y              60            55           140

                                       Z              55            60           132
                                   In which market each of the above businessmen has to sell his stocks to get maximum receipt?
                                   Solve by matrix multiplication method.

                                   Solution:







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