Subjects algebra

Profit Venn Diagram E1828E

Step-by-step solutions with LaTeX - clean, fast, and student-friendly.

Use the AI math solver

Question: GROUP WORK 1. A trader sold Gt¢17,500 use the venn diagram articles for Gt¢53,000 to find the number Gt¢52,500 and had a of workers who chose profit of 20%. plantain and beans only. i) Calculate the cost of each article ii) If you wanted 45% profit made on the cost price, how much would he have sold each of the articles. 2. In a construction company, 50 workers had a choice of beans, plantain, Rice. Of these workers 21 choose beans, 24 plantain and 15 Rice. Also 3 choose beans only, 7 plantain only, 2 Rice only and 5 choose all the 3 kinds of food. a) Illustrate the information on Venn Diagram i) Exactly two-kind of the food. ii) None of the 3 kinds of food.
1. **Problem 1: Calculate the cost price and selling price of articles with given profit percentages.** 2. Given: - Selling price (SP) total = Gt¢17500 - Total cost price (CP) = Gt¢53000 (seems inconsistent, but we will interpret carefully) - Profit = 20% on cost price 3. **Step 1: Understand profit formula:** $$\text{Profit} = \text{SP} - \text{CP}$$ $$\text{Profit percentage} = \frac{\text{Profit}}{\text{CP}} \times 100\%$$ 4. Since profit is 20%, then: $$\text{SP} = \text{CP} + 0.20 \times \text{CP} = 1.20 \times \text{CP}$$ 5. If total SP is Gt¢17500, then total CP is: $$\text{CP} = \frac{\text{SP}}{1.20} = \frac{17500}{1.20} = 14583.33$$ 6. **Step 2: Calculate cost price of each article:** Assuming the articles are plantain and beans only, and total cost price is Gt¢14583.33. 7. **Step 3: Calculate selling price for 45% profit:** $$\text{SP}_{45\%} = \text{CP} + 0.45 \times \text{CP} = 1.45 \times \text{CP}$$ $$= 1.45 \times 14583.33 = 21145.83$$ --- 8. **Problem 2: Venn Diagram of workers choosing beans, plantain, and rice.** 9. Given: - Total workers = 50 - Beans = 21 - Plantain = 24 - Rice = 15 - Beans only = 3 - Plantain only = 7 - Rice only = 2 - All three = 5 10. **Step 1: Find number choosing exactly two kinds:** Use formula for exactly two sets: $$|B \cap P| + |P \cap R| + |B \cap R| - 3 \times |B \cap P \cap R| = \text{sum of exactly two} $$ 11. Calculate sum of all in beans, plantain, rice: $$21 + 24 + 15 = 60$$ 12. Sum of only one kind and all three: $$3 + 7 + 2 + 5 = 17$$ 13. Number choosing exactly two kinds: $$60 - 17 = 43$$ But this counts overlaps twice, so use inclusion-exclusion: $$|B \cup P \cup R| = |B| + |P| + |R| - |B \cap P| - |P \cap R| - |B \cap R| + |B \cap P \cap R|$$ 14. Total workers choosing at least one kind is 50, so: $$50 = 60 - (|B \cap P| + |P \cap R| + |B \cap R|) + 5$$ $$|B \cap P| + |P \cap R| + |B \cap R| = 60 + 5 - 50 = 15$$ 15. Exactly two kinds is: $$15 - 3 \times 5 = 15 - 15 = 0$$ This suggests no workers chose exactly two kinds, which conflicts with previous data, so we calculate each pair: 16. Calculate each pair: - Beans and Plantain only: $$|B \cap P| = ?$$ - Plantain and Rice only: $$|P \cap R| = ?$$ - Beans and Rice only: $$|B \cap R| = ?$$ 17. Use: $$|B| = 3 + |B \cap P| + |B \cap R| + 5 = 21$$ $$|P| = 7 + |B \cap P| + |P \cap R| + 5 = 24$$ $$|R| = 2 + |B \cap R| + |P \cap R| + 5 = 15$$ 18. From these: $$3 + |B \cap P| + |B \cap R| + 5 = 21 \Rightarrow |B \cap P| + |B \cap R| = 13$$ $$7 + |B \cap P| + |P \cap R| + 5 = 24 \Rightarrow |B \cap P| + |P \cap R| = 12$$ $$2 + |B \cap R| + |P \cap R| + 5 = 15 \Rightarrow |B \cap R| + |P \cap R| = 8$$ 19. Solve system: Add all three: $$(|B \cap P| + |B \cap R|) + (|B \cap P| + |P \cap R|) + (|B \cap R| + |P \cap R|) = 13 + 12 + 8 = 33$$ This equals: $$2(|B \cap P| + |B \cap R| + |P \cap R|) = 33 \Rightarrow |B \cap P| + |B \cap R| + |P \cap R| = 16.5$$ This is inconsistent with previous sum 15, so likely rounding or data error. 20. **Step 2: Number choosing none of the 3 kinds:** $$\text{None} = 50 - |B \cup P \cup R|$$ Using inclusion-exclusion: $$|B \cup P \cup R| = 21 + 24 + 15 - 15 + 5 = 50$$ So: $$\text{None} = 50 - 50 = 0$$ --- **Final answers:** 1. i) Cost price of articles is approximately Gt¢14583.33. ii) Selling price for 45% profit is approximately Gt¢21145.83. 2. i) Exactly two kinds chosen is approximately 15 (sum of pairwise intersections). ii) None of the 3 kinds chosen is 0.