Mr. Raza, a drug store retailer, seils surgical face masks and KN95 masks. He can regularly acquire a supply of 200 to 400 surgical masks and 100 to 150 KN95 masks but not more than 500 items altogether. Mr. Raza can buy the surgical masks wholesale at Php10 each and sell them for Php18 each, whereas the KN95 masks cost Php25 each at wholesale but can be sold for Php 35 each. How many of each type should Mr. Raza acquire to make a maximum profit? 200 surgical face masks and 150 KN95 masks 200 surgical face masks and 100 KN95 masks 400 surgical face masks and 100 KN95 masks 350 surgical face masks and 150 KN95 masks
Mr. Raza, a drug store retailer, seils surgical face masks and KN95 masks. He can regularly acquire a supply of 200 to 400 surgical masks and 100 to 150 KN95 masks but not more than 500 items altogether. Mr. Raza can buy the surgical masks wholesale at Php10 each and sell them for Php18 each, whereas the KN95 masks cost Php25 each at wholesale but can be sold for Php 35 each. How many of each type should Mr. Raza acquire to make a maximum profit? 200 surgical face masks and 150 KN95 masks 200 surgical face masks and 100 KN95 masks 400 surgical face masks and 100 KN95 masks 350 surgical face masks and 150 KN95 masks
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Mr. Raza, a drug store retailer, seils surgical face masks and KN95 masks. He can regularly acquire a supply of 200 to 400 surgical masks and 100 to 150 KN95 masks but not more than 500 items altogether. Mr. Raza can buy the surgical masks wholesale at Php10 each and sell them for Php18 each, whereas the KN95 masks cost Php25 each at wholesale but can be sold for Php 35 each. How many of each type should Mr. Raza acquire to make a maximum profit?
200 surgical face masks and 150 KN95 masks
200 surgical face masks and 100 KN95 masks
400 surgical face masks and 100 KN95 masks
350 surgical face masks and 150 KN95 masks
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