Answered step by step
Verified Expert Solution
Question
1 Approved Answer
c) A sales man has the following record of sales during three months for three items A, B and C which have different rates of
c) A sales man has the following record of sales during three months for three items A, B and C which have different rates of commission
Months | Sales in units A | Sales in units B | Sales in units C | Total Sales (Ksh.) |
January | 90 | 100 | 20 | 800 |
February | 130 | 50 | 30 | 900 |
March | 60 | 100 | 40 | 850 |
Let X1, X2 and X3 be the selling price unit in sh. on item A, B and C respectively.
d) Formulate a system of simultaneous equations for the above information. (3 marks)
e) Use matrix algebra to determine the selling price per unit of each item. (3 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started