Finance

1. A
Given
Weekly fixed cost =4000 birr
Variable cost= 40 birr
Price of each = 50 birr
X unit produce
Solution
Cost= fixed cost +variable cost
Let x unit is produced in one week
Cost = 4000+x*40
2. C
Revenue= quantity sold*price
=50*x

3. C
Profit=revenue-cost
50x- (4000+40x)
50x-4000-40x
10x-4000
4. D
1000 unit produced
Total cost =4000+1000*40
4000+40,000
=44000
Average cost = 44000/1000
=44

5. A
Profit=10x-4000
=10*500-4000
=5000-4000
=1000
6. B
At break even
Revenue=cost
50x=4000+40x
10x=4000
X=4000/10
X=400 ( break even quantity)
 7. C
8. COST IS NOT SEEN
COST = FIXED COST + TOTAL VARIABLE COST
TOTAL VARIABLE COST = UNIT VARIBLE COST * UNIT PRODUCED
COST=(96000+ UNIT VARIABLE COST*500)
9. A
Simple interest =P*r*t/100
A= Final output
P=initial principal balance=3600
R= annual interest rate=6%
t= time in year =3 year
S.I= P*r*t/100
=3600*6*3/100
= BIRR 648
10. B
A=P+S.I
=3600+648
=4248
11. C
=SQUARE MATRIX
12. A=P (1+r/n)nt

A=amount

P= principal=15000

r= interest rate in decimal=?

t= time in year =10

n=number of times interest rate compounded per unit time t =2

A= 15000*(1+(0.05/2)2*10

= 1500 (1.5)5

=
13. C
=-14
14. D
=NONE OF THE ABOVE
SHORT ANSWER
1. A-= 1 -2
0 1
2. BREAK EVEN POINT
 3. 1 0 0
0 1 0
0 0 1

4. 12x2
5. Y=x+1
6. Graphical and simplex

Work out

1. f(x)=X3+3x2-9x-7 on [-6,4]

A) Critical pointes
f’(x)= 3x2+6x-9+0
f’(x)= 3x2+6x-9
0= 3x2+6x-9

x = (-b ± √(b2 - 4ac))/2a

the critical pointes are x=1 and x=-3

B) Absoulute maximum and absolute minimum
f(-6)= (-63)+3(-62)-9(-6)-7
=-216+108+54-7
= -61
f(-3)= (-33)+3(-32)-9*(-3)-7
-27+27+27-7
=20
f (1)= (13)+3*(12)-9(1)-7
1+3-9-7
= -12
f(4)= 43+3(42)-9(4)-7

64+48—36-7
=69

Absolute maximum is at x=4 which is f(x)= 69

Absolute minimum is at x=-6 which is f(x)= -61
 2.

A= 2 -2

1 3

B= 6 7

4 5

A*B= ( (2*6)+(-2*4)) (( 2*7)+(-2*5))

((1*6)+(3*4)) ((1*7)+(3*5))

A*B= 4 4

18 22

3)

Y= ax+b (100,1400), (500,3000 )

(1400= 100a+b)*-1 -1400=-100a-b

3000=500a+b 3000=500a+b

(3000-1400)=(500-100)a

1600=400a

a = 1600/400

a= 4

3000=500*4+b

3000-2000=b

b=1000

x= 300 copies

y= 300*4+1000

=1200+1000=2200

For 300 copies the price is 2200 birr

 3.

Production
Top quality(x) Ordinary quality (y) Total
Production 3000 0
capacity
Available zipper 1100 2200 2400
Profit 32 24

Maximize profit z= 32x+24y

1100x+2200y<2400

X< 3000

4.

2x+3y-5z= 17

3x-4y+2z=-2

4x-2y+3z=0

2 3 5 : 17
3 -4 2 : -2
4 -2 3 : 0

R1i= R1/2
R2i=R2-3R1i
R3i = R3-4 R1i
1 3/2 5/2 : 17/2
0 -17/2 -11/2 : -55/2
0 -16/2 -14/2 : -34

R1ii= R1i- 3/2R2ii

R2ii=- R2i/(-17/2)
R3ii= R3i+16/2* R2ii

1 0 52/34 : 62/17
0 1 11/17 : 55/17
0 0 119/7 : 138/17

R1iii= R1ii- 52/34 R3iii

R2iii= R2ii-11/17R3iii
R3iii= R3ii/(119/7)
1 0 0 : 7580/4046
0 1 0 : 5027/2023
0 0 1 : 138/119
x=7580/4046=1.87
y=5027/2023=2.48
z=138/119=1.16