Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing
aswini
Group Title
A new company will reease 3 product A,B,C.20% of buyer will buy A, 55% will buy B and 25% will buy C. People that buy A will buy 1.5 units,B 2.5 and C 0.75.What % of total sales will be product of B?
 11 months ago
 11 months ago
aswini Group Title
A new company will reease 3 product A,B,C.20% of buyer will buy A, 55% will buy B and 25% will buy C. People that buy A will buy 1.5 units,B 2.5 and C 0.75.What % of total sales will be product of B?
 11 months ago
 11 months ago

This Question is Open

aswini Group TitleBest ResponseYou've already chosen the best response.0
can i get a detailed explanation for this?
 11 months ago

AravindG Group TitleBest ResponseYou've already chosen the best response.0
First assume the number of customersbe 100. 20 buys A, 55 buys B and 25 buys C. ie 55 out of 100 buys B. Now the amount bought by 55 people will be 2.5 times 55.
 11 months ago

mathessentials Group TitleBest ResponseYou've already chosen the best response.1
the total shoppers are 20% + 55% + 25% (100%) = 0.2 + 0.55 + 0.25 = 1 the total purchases are 0.2*(1.5)+0.55*(2.5)+0.25*(0.75) = 0.3+1.375+0.1875 =1.8625 so total sales will not be 100%, but 186% relative to customers because A, B all purchase multiple units. (they outweigh the customers C which buy less than one.) out of the 186% total sales, B will buy 55% x 2.5 units = 137.5% of the total sales. when normalizing for 186% total sales, we divide by 1.86: 137.5% of 186% is equal to 73.92% of 100% . The product B accounts for 73.92% of all sales.
 11 months ago

AravindG Group TitleBest ResponseYou've already chosen the best response.0
Similarly calculate amount bought by A and C.
 11 months ago

aswini Group TitleBest ResponseYou've already chosen the best response.0
thank u mathessentials and AravindG
 11 months ago

AravindG Group TitleBest ResponseYou've already chosen the best response.0
yw :) and Welcome to Openstudy!
 11 months ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.