Exercise

Musais a fruit vendor at wakulimq markeb

|
On Monday last week he sold24 apples
26
bananas and G5 oranges qeneraing total
of 5,14o shillin as.On uesd uy, 93apples, b.
and 39
89 oranges generating 5440
M= 8Ta4l26b t G5o 5|0
oranges
f

T 48 47bt8154qb
+

ytd WG 52at|26 + 66o400D

On wed.52 apples +)2 bananas dnd GG oranges qeneratna
4000.
 8tat|26b +
4Ba 655,14o.)
t 76 t 89¢ 5,4q0.i)
1 2;
comparfing eqns.
(87a |266+
98a t76 G5c
+G5c=5,170)
+ 84 c =5,4qo)
x7 x (26

b.
eliminaing
6644 a t97o 2b+5005 c 39 090
2,47 a faYS +I,214c 641,70

1)545 a

)
6.209 e =
() 243,650

5175at G20qe = 29 3, G50,

 Compa ring eqns qnd 3

524 +12 bt66c 4o0b126

eliminatbing b

6552a+ 14,i2 b t 3,31Ge+5ot, ooo

3q2a 51036 5, o4o..(0),

Connparing eqns 35:

5115 a t = 243,650 7(o3

2|42 a 75,04o6204)
eliminaling e
-5.432,40oa t6, 43a,529 c30+) 22!, 4ooh
)4,3|9, 128 a 6,432, 524 c 465,123, 360

170,14,7G
25,82, o23 -h5,302, o23

=29.848 aa58%
935
Subshitute valie of a in eqns 4 y

575 (29.85) +6204c=243G50

172,37B. 59456204c293,650
 24c ,64ass
243)65072,343. S045

C|4.53237164
953
Subsitute valuee of a
cto qet vale of b

97(29.35) + (2GbtG5
3366349808) +12Gb=51o
(14:53) : 289 51:

5170- 3366. 4to

3036DD92
126b,3D3,6
|20 |26

7 l0-346 033 2t
t|0-35
t

a= 29-85(apple) bex
bD,35 (banana)
23-5
cI9.53 (orange)

Note
khe abbve answerS o undedrot to whole
the most accurabe rerutr.
numbers$ qive
1e a 30 b=0c- 20
 Profit, given thetthe ppolicy is
Part I:Markup of 30
markup sa profit

margin.

130

4970 3823 D

Profit
146.qo
 Jane is a sales person at PoR Iimited. she is enhted
to c balic pay, commissibn ot R f the t
in sales, and 2b toYr Hhe qn ercess (+500,060)
500,000

a) ln July she made sales uorth 2,094 o00 roaling

total
pay sf 19, 475/2

bIn Auq uet, she made alec 2087,0005o0,000 =

wbrth 2,860, Q00 realizing 1,584, 00o xx 2y ,to)
TP ot 138,8o0
In a month where sales were very low,Jane made alee
worth 346,ooo reai2ing TP of ,320,

D etemine ( the amount

reglize TP of
of ales Jane dho uld
oo o
ke In fep. to 150,
 coMMissiDN RBR b for 500, ooo Belou

for any excess(of Soo,000).

..Tp aet amount on which commisnon of

ab pald tike
Guas Paid; saks (s)–5oo, o0
for month I sales = 2,08,000
for month 2, sales = 2,60, Ooo.
Amb
2o8,ooo-500, oo ,587ooo on which

commiçsj0
2,%60, o00-500,0o0 2, 360, oo0
of

2 was pa

+31,74o= for the 2

months
X 2,360, 000 =43,200/
 Total Basic Total

Commision t Pay/Salary Pay/ SalaY

Remainc
ontant evony
month.

Therefore, qiven btal salary/pay, and Tstal

bo caleulate
CommiCion, we are in a position

basic sulany.

CoromissiDn
Total conm missIon ommisDn
6f 2 on
Gf on saler
on calec
worth 500,00 o ales worth
more than that

Total alary t= a Basic Pay t

Total
ommissDn on aleg

br

Month 1 |9,475 500,000 R t3240)

133,800 + (500,009R+4,200)
3 t3,320 +(3t6,090R
 no eÁc OOd 500,Do0
Note mbnth3 salec did

only co mmigDn qien oas Ri

gven
on 37G,00v Cormmss)bn for month

three ll campy be 2G000P

Comparing the 3 equahvns and opening bracket:

eqn, (). |4, 45 31,44 o a +500,0 00

eqn (0:I33,80O -47,200 at 5990
eqn (iii)... 77,320 = atB6,DoD (Remains same)

Simplifying :
). 87.785 at 500, 000 eqns.() ü)
500,0 oo 99annt be

compared because
(m)...77,3a0o ot 3t6, 00 D
their linear terms

are the same. :

(a t 500, 000).
 solving eqns (02011) Simultaneoudy :
87,735 -[alt 500,ooo P
17, 32

a Elimin abng ,we are left with.

(0, 415 = 124,0ooR

12400o

O.0%4

To change deimal R to a percent, we multiply by

Rate on 500, ooo worth of ales,and any

armpunt below that o.O24 y|bD

Subsktuthing thealue of R ineqn .ci),to we

can calculabe Basic Saary /Pay
pne
27,335 =a t O.084 (50 o,000)

2 9.8,735a t 4200o
Payevery
Basic

t735- = 4535/= (constart

mnth)
 (n order for Jane to make Total Pay of 15D,DUD

she mnutt make sales worth Samountb,

S amounb f cales oill brinq her pay of 45n28
45,1735

qnd commiccion to
bc
t
15000o 45735 + Ra on Sales

Ucing eate as 2.4 on he I 500,005 and 2 n

any excess Sales of Swill either be aboe or

bel o 5oo,ooo. f che makes:
 SE AÇcUMPTIoN ONE C

1F heCUMPTIDN
makog
sales worh O0,00 aler Ubrth mor
ftotbeD thor
je

Töal s (tecs than/equal to) Goo

Tobl
C500,000
t5,135 + (o.084)500,0oo
-8,735 150,00o=0.02s +p
The value 3735 cannst be
+0024(500,0
tol pay be cause we hare

:
been given total pay as |50,000.
total S. o.084(5oo,a9)
Hence€, cann ot be less tha n LIR000
equal to 5oo,o00. However 45,735+ 429081
a commiss/n ot 4own) I50,00o0.02st 3,35
til) be part of what Jane

eaYng

ée qmoun bs
iF her

to
totl

50,oo0
pay

A
:O.02 sG 265

S=3,13, 250

S ales on which
commiSsion of 2%
o

was etttà+ pai<.

 Concuson!

was
was the value of
If
313250 saler bn uhich

9 conmmicston of (62,26 5/-) was pqid to Jane,

2°}
Goo,0O0 wac the value of salel on which
qnd

.9,om
4 micsibn of (42,000/-) was paid, Then

totyl sales = 3,l3,250 + 5oo, o oo

=3,63,250/