Question
Question: There are two book shops known by Suresh and Ganesh book shops. Their sales for books in three subje...
There are two book shops known by Suresh and Ganesh book shops. Their sales for books in three subjects- Physics, Chemistry and Mathematics for two months July and August 2009 are given by two matrices A and B.
July Sales (in rupees)
Physics ChemistryMathematicsA=5600 6650 6750 7055 8500 8905 Suresh Ganesh
August Sales (in rupees)
Physics ChemistryMathematicsB=6650 7000 7055 7500 8905 10200 Suresh Ganesh
Then
(i) find the increase in sales in rupees from July to August 09
(ii) If both the book shops got 10% profit in the month of August 09, find the profit for each book seller in each subject in that month.
Solution
i) We start solving this question by first finding the total sales in July by adding all the sales of both shops in all the subjects. Then similarly we find the total sales in August by adding all the sales in all subjects in both shops. Then we subtract the total sales in July from the total sales in August to find the increase in sales.
ii) We solve this question by finding the relation between S.P and C.P using the formula for profit percentage C.PS.P−C.P×100 and then use the formula Profit=S.P−C.P to find the profit in terms of S.P. Then we substitute the sales in August in the relation to find the profits in August.
Complete step by step answer:
We are given that the sales in July are given by
A=5600 6650 6750705585008905
We are also given that sales in August are given by
B=6650 7000 70557500890510200
i) We need to find the increase in sales from July to August.
First, let us find the total sales in July
To find that value we need to add all the sales in July. So, adding them we get
⇒Total Sales=5600+6750+8500+6650+7055+8905⇒Total Sales=43460
Now let us find the total sales in August.
So, let us add all the sales in August. Then we get,
⇒Total Sales=6650+7055+8905+7000+7500+10200⇒Total Sales=47310
As we need to find the increase in the sales from July to August, let us subtract the total sales in July from the total sales in August.
⇒Sales from August−Sales from July⇒47310−43460⇒3850
So, the increase in the sales from July to August is Rs.3445.
Hence the answer is Rs.3850.
ii) We are given that the book shops had 10% profit in the month August 09.
Let us consider the formula for percentage of profit.
C.PS.P−C.P×100
So, using that formula we have,
⇒C.PS.P−C.P×100=10⇒C.PS.P−C.P=101⇒10S.P−10C.P=C.P⇒11C.P=10S.P⇒C.P=1110S.P
Now, let us consider the formula for Profit,
Profit=S.P−C.P
Using that formula, we get,
⇒Profit=S.P−1110S.P⇒Profit=111S.P
As the sales is the selling price in this question, we can give the profit in August as,
⇒Profit=111B⇒Profit=1116650 7000 70557500890510200⇒Profit=116650 117000 1170551175001189051110200
Hence answer is 116650 117000 1170551175001189051110200.
Note:
i) One can also solve this question by first subtracting the matrix of sales in July from the matrix of sales in August and then add the values in the obtained matrix. Then we get,
⇒B−A=6650 7000 70557500890510200−5600 6650 6750705585008905⇒B−A=1050 350 3054454051295
Adding them we get,
⇒Increase in Sales=1050+305+405+350+445+1295⇒Increase in Sales=3850
Hence the answer is Rs.3850.
ii) The common mistake one makes while solving this problem is one night make a mistake by taking the formula for percentage of profit as S.PC.P−S.P×100. But it is the formula for loss percentage not for the profit percentage.