Q.
A man has ₹1500 for purchase of rice and wheat. A bag of rice and a bag of wheat cost ₹180 and ₹120 respectively. He has a storage capacity of 10 bags only. He earns a profit of ₹11 on each rice bag and ₹9 on each wheat bag. Find the maximum profit,
Let x bags of rice and y bags of wheat be purchased. Let z be the total profit. ∴z=11x+9y
According to question, x and y must satisfy the following conditions x+y≤10 180x+120y≤1500
i.e., 3x+2y≤25 x≥0,y≥0
Mathematical formulation of the LPP
is Maximize z=11x+9y
subject to the constraints : x+y≤10 3x+2y≤25 x≥0,y≥0
Now, draw the lines l1:x+y=10 l2:3x+2y=25 l3:x=0 and l4:y=0
Lines l1 and l2 meet at E(5,5)
The shaded bounded region OCEB is the feasible region of the given LPP.
Vertices of the feasible region are : O(0,0),C(325,0),E(5,5) and B(0,10)
Maximize z=11x+9y ∴ The value of z at O=0
The value of z at B=11×0+9×10=90
The value of z at C=11×325+9×0=3275=91.67
The value of z at E=11×5+9×5=100 ∴ For earning maximum profit, 5 bags of rice and 5 bags of wheat should be purchased and sold. Maximum profit = ₹100.