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Mrshape Please Help Me Explain This Mathematics / Please Help Out With This Quantitative Reasoning Exercise Primary 5 Exercise 17 / Jamb Past Question And Answers Pdf(help Out Please) (2) (3) (4)
MrShape Please Help Out by Nobody: 9:45pm On Aug 18, 2020 |
Pls there is an issue that may make me loose a business deal. Someone sent me a feasibility on gas plant. Now to supply 30tonnes will cost 6,600,000 Table 2.2: SALES FORECAST (Bi-monthly) Gas per kg qty. 120,000 Price per unit 220 Amount. 34,800,000 Table 3.3: COST FORECAST (Bi-monthly) Cost P1 P2 GAS PER KG Qty 120,000 Cost/Unit 220 Amt 26,400,000 Can you please explain this to me in a layman's term? Cc Mrshape or any one who could help out |
Re: MrShape Please Help Out by Mrshape: 7:03am On Aug 19, 2020 |
southniyikaye: Here we go. 30t means 30 thousand kg The supplier will supply the 30 thousand kg gas and he will be paid #6,600000. (Six million six hundred thousand Maura) That means the person that the gas was supplied to bought 1kg for #220 from the supplier. How I got 120. Is #6,600,000/30,000.kg=#120/kg SALES FORCAST BIMONTHLY This mean how many kg will the owner of the gas station to the gas was supplied to will sell in every two months So he predict that the owner will sell 120,000kg ( (This is were you or the person that sent you this feasibility study made a mistake to selling price for 1kg is not. #120, from your amount it shows the owner of gas station will sell 1 kg for #290 How did I know amount / quantity = selling price 34,800,000/120,000 =290) If you don't understand this no issue just know the gas stations will sell 1kg for #290 to his consumer that come to fill their kitchen gas in his station So he predicted the owner will sell 120,000kg in 2 months selling 1kg for #290 That is if he sells the 120,000kg the total money with him will be #34,800,000 COST FORCAST remember the owner of gas stations bought the gas at #220 for 1kg so the bought the 120,000kg he sold in 2 monthss for 2220x120000=#26,400,000 How much is his profit? His profit is =how much he sold the goods - how much he bought the goods Profit =34,800,000-26,400,00=#8,400,000 That means at the end of the 2 months the owner of gas station will make a gain of #8,400,000 3 Likes 1 Share |
Re: MrShape Please Help Out by Nobody: 7:38am On Aug 19, 2020 |
Mrshape:thanks bro, all other analysis is understood except for the 120,000. We wish to know how he arrived at 120,000. So from what you wrote up there, is the 120k a prediction? Cos that's actually the confusing part in all this. If 6.6m divided by 30k =120, shouldn't we just say 220x120? Which is not possible. Just want to wknow exactly how we arrived at 120k thanks. |
Re: MrShape Please Help Out by Nobody: 8:21am On Aug 19, 2020 |
Mrshape:and again, since 30000 x 220 will give us the price it was sold to him, Why can't we just say 30,000 x290 (selling price) 8,700,000? Why 8,400,000? |
Re: MrShape Please Help Out by Mrshape: 8:36am On Aug 19, 2020 |
southniyikaye: 120, 000 kg of gas is what they predicted that the owner of gas station can sell in two months. That is in 48days in two months (that's is Monday to Saturday every week) You are going to sell 2500kg every day in the station. That is 250kg per hour using 10hr working day That is 4.2 kg per minute Which pump can pump that and even if there is a pump that can that means your customers will quee up and wait for you. ? And even if the queen up to wait for you will the attendant not be a human will he not get tired? All this questions you have to a3and see that you quantity that is expected to be sold in two months have to be reduced Or if you insist on that quantity then you have to get more than one pump if the constomers are available |
Re: MrShape Please Help Out by Mrshape: 8:53am On Aug 19, 2020 |
southniyikaye: you are confusing 3torns and 120torns I am very busy now later I will give you detail later |
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