Three firms A, B, C supplied 40, 35 and 25 truckloads of stones and 10, 5, 8 truck- loads of sand respectively to a contractor. If the cost of stone and sand are GHC1200 and GHC500 per truck-load respectively, find the total amount paid by the contractor to each of AP(10 marks) the three firms
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Answer:
Amount paid to firm A = GHC53,000
Amount paid to firm B = GHC44,500
Amount paid to firm C = GHC34,000
Step-by-step explanation:
Firm A's supply = 40 truckloads of stones + 10 truckloads of sand
Amount paid to firm A = (1200×40) + (500×10) = GHC53000
Firm B's supply = 35 truckloads of stone + 5 truckloads of sand
Amount paid to firm B = (1200×35)+(500×5) = GHC44500
Firm C's supply = 25 truckloads of stone + 8 truckloads of sand
Amount paid to firm C = (1200×25)+(500×8) = GHC34000
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