13-10. A survey conducted over the last 25 years indicated that in 10 years the winter was mild, in 8 years it was cold and in the remaining 7 years it was very cold. sells 1000 woollen coats in a mild year, 1300 in a cold year and 2000 in a very cold year. company You are required to find the yearly expected profit of the company if a woollen coat costs Rs. 1730 and it is sold to stores for Rs. 2480.

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13-10. A survey conducted over the last 25 years indicated that in 10 years the winter was
mild, in 8 years it was cold and in the remaining 7 years it was very cold.
A company sells 1000 woollen coats in a mild year, 1300 in a cold year and 2000 in a
You are required to find the yearly expected profit of the company if a woollen coat costs Rs. 1730 and
it is sold to stores for Rs. 2480.
very
cold ye
year.
Transcribed Image Text:13-10. A survey conducted over the last 25 years indicated that in 10 years the winter was mild, in 8 years it was cold and in the remaining 7 years it was very cold. A company sells 1000 woollen coats in a mild year, 1300 in a cold year and 2000 in a You are required to find the yearly expected profit of the company if a woollen coat costs Rs. 1730 and it is sold to stores for Rs. 2480. very cold ye year.
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