58 (b) A survey conducted over last 25 years indicated that in 10 years the winter was mild, in a years it was cold and in the remaining 7 it was very cold. A company sells 1,000 woolen coats in a mild year, 1,300 in a cold year and 2,000 in a very cold year. You are required to find the yearly expected profit of the company if a woolen coat costs Rs. 1730 and it is sold to stores for Rs. 2480. soneH

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58
(b) A survey conducted over last 25 years indicated that in 10 years the winter was mild, in a
years it was cold and in the remaining 7 it was very cold. A company sells 1,000 woolen coats in
a mild year, 1,300 in a cold year and 2,000 in a very cold year.
You are required to find the yearly expected profit of the company if a woolen coat costs
Rs. 1730 and it is sold to stores for Rs. 2480.
soneH
Transcribed Image Text:58 (b) A survey conducted over last 25 years indicated that in 10 years the winter was mild, in a years it was cold and in the remaining 7 it was very cold. A company sells 1,000 woolen coats in a mild year, 1,300 in a cold year and 2,000 in a very cold year. You are required to find the yearly expected profit of the company if a woolen coat costs Rs. 1730 and it is sold to stores for Rs. 2480. soneH
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