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The prices of three commodities A,B and ...

The prices of three commodities A,B and C are Rs x, y and z per unit respectively. A person P purchases 4 units of B and sells two units of A and 5 units of C. Person Q purchases 2 units of C and sells 3 units of A and one unit of B. Person R purchases one unit of A and sells 3 unit of B and one unit of C. In the process, PQ and R earn Rs 15,000, Rs 1,000 and Rs 4,000 respectively. Find the prices per unit of A,B and C. (Use matrix inversion method to solve the problem.)

Text Solution

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The correct Answer is:
`x= Rs. 2000, y = Rs. 1000, z = Rs. 3000`
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