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Matrices
Oswaal
CBSE
Grade 12
Question:
Manufacturing company produces three products A, B, C which it sells in two markets. Annual sales are: Market I: A 10,000, B 2,000, C 18,000\\ Market II: A 6,000, B 20,000, C 8,000.\\ If unit sale prices of A, B, C are Rs 2.50, Rs 1.50 and Rs 1.00 respectively, find total revenue in each market using matrix algebra.
Step-by-Step Solution
Key Concept: Revenue Market I = Rs 46,000. Revenue Market II = Rs 53,000.
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Correct Answer:
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