Course Solutions Uncategorized Problem Store Sells Original Local Imported Compact Discs Owners Buy Local Cd Php200 Sell Q34283553

Problem Store Sells Original Local Imported Compact Discs Owners Buy Local Cd Php200 Sell Q34283553

June 27, 2024June 27, 2024| adminadmin| 0 Comment| 6:24 pm
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Problem:

A store sells original local and imported compact discs. Theowners buy the local CD for Php200 then sell it for Php450; and buyan imported CD for Php450 then sell it for Php800. They can buy 200to 350 pieces local CD and import 150 to 300 pieces of imported CDbut not more than 500 pieces of both. How many pieces of local andimported CD should they buy to maximize their profit?

Expert Answer

Let L be the number of pieces oflocal CDs the firm buys and I be the number of pieces of importedCDs the firm buys.

Profit that the firm

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