A dealer deals only in refrigerator and washing machine. He wants to spend up to Rs.12 lakhs to buy 100 pieces. He can purchase a refrigerator at Rs.10,000 and a washing machine at Rs.15,000. He can sell a refrigerator TV at Rs.12,000 and a washing machine at Rs.17,500. His objective is to maximize profits. Assume that he can sell all the items that he stocks.
For the maximum profit, the number of refrigerator and washing machine that he should respectively stock are
(a) 80, 20
(b) 20, 80
(c) 60, 40
(d) None of these
B. If the dealer would have managed to get an additional space to stock 20 more items, then for maximizing profit, the ratio of number of refrigerators and number of washing machines that he should stock is
(a) 7 : 3
(b) 0
(c) 1 : 2
(d) None of these
The maximum profit, in rupees lakh, the dealer can earn from his original stock if he can sell a refrigerator at Rs. 12200 and VCR at Rs.18300 is
(a) 2.64 Lakh
(b) 2.49 Lakh
(c) 2.72 Lakh
(d) 2.87 Lakh
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