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A trader bought 2 cows and 9 goats for ksh. 98,200. If she had bought 3 cows and 4 goats, she would have spent ksh. 2,200 less. Form two equations and find the cost of a cow and a goat.
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14 steps19. A trader bought 2 cows and 9 goats for a total of ksh. 98,200. If she had bought 3 cows and 4 goats, she would have spent ksh. 2,200 less.
Part a· 3 steps
Form two equations to represent the above information.
Define variables.
Let be the cost of one cow in Ksh.
Let be the cost of one goat in Ksh.Form the first equation.
"A trader bought 2 cows and 9 goats for a total of ksh. 98,200."
Form the second equation.
"If she had bought 3 cows and 4 goats, she would have spent ksh. 2,200 less."
Ksh. 2,200 less than Ksh. 98,200 is .The two equations are:
Part b
Use the matrix method to determine the cost of a cow and that of a goat.
Write the system of equations in matrix form.
Find the determinant of the coefficient matrix.
Let .
Find the inverse of the coefficient matrix.
Multiply the inverse matrix by the constant matrix to find and .
The cost of a cow is and the cost of a goat is .
Part c(i)
Calculate the total amount of money she received.
The trader later sold the animals she had bought making a profit of 30% per cow and 40% per goat.
Calculate the selling price of one cow.
Profit on cow = 30%
Selling Price per cow () = Ksh.Calculate the selling price of one goat.
Profit on goat = 40%
Selling Price per goat () = Ksh.Calculate the total money received from selling 2 cows and 9 goats.
Total received =
Total received =
Total received =
Total received = 132520 Ksh.
The total amount of money she received is .
Part c(ii)
Determine correct to 4 significant figures the percentage profit the trader made from the sale of animals.
Calculate the total cost of the animals.
Total cost = Ksh.
(This matches the initial total cost given in the problem statement).Calculate the total profit.
Total profit = Total received - Total cost
Total profit = Ksh.Calculate the percentage profit.
Round the percentage profit to 4 significant figures.
The first four significant figures are 3, 4, 9, 4. The fifth digit is 9, so we round up the fourth digit.
Percentage Profit
The percentage profit is .
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