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Management Math Full Workings

The document provides worked solutions for various mathematical problems involving set theory, profit calculations, area calculations, and exponential growth. It includes formulas and step-by-step calculations for determining the number of students who like at least one drink, profit from sales, the area of a garden with a border, and fish growth over time. Key results include 190 students liking at least one drink, a profit calculation leading to 35,000 units, and a valid border measurement of 1 meter for the garden.

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kelvin25kibet
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10 views2 pages

Management Math Full Workings

The document provides worked solutions for various mathematical problems involving set theory, profit calculations, area calculations, and exponential growth. It includes formulas and step-by-step calculations for determining the number of students who like at least one drink, profit from sales, the area of a garden with a border, and fish growth over time. Key results include 190 students liking at least one drink, a profit calculation leading to 35,000 units, and a valid border measurement of 1 meter for the garden.

Uploaded by

kelvin25kibet
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Management Mathematics I – Full Worked

Solutions

(e) Students who like at least one drink


Formula: n(A ∪ B) = n(A) + n(B) − n(A ∩ B)
= 120 + 140 − 70
= 190 students

(f) Survey full working


Total students = 500
None = 5% of 500 = 25
At least one = 500 − 25 = 475
Use formula: A + B + C − (AB + BC + AC) + ABC = Total
245 + 265 + 310 − (135 + 145 + 140) + x = 475
820 − 420 + x = 475
400 + x = 475
x = 75 (all three)

(h) Profit full working


Profit = Revenue − Cost
Revenue = 10x
Cost = 6x + 80,000
60,000 = 10x − (6x + 80,000)
60,000 = 4x − 80,000
140,000 = 4x
x = 35,000 units

(i) Garden full working


Total area = 4 × 8 = 32
Let border = x
Inner area = (4−2x)(8−2x) = 12
Expand: 32 − 24x + 4x² = 12
4x² − 24x + 20 = 0
x² − 6x + 5 = 0
(x−1)(x−5)=0
x = 1m (valid)

(k) Fish growth


p(t)=200×2^(t/24)
3 days = 72 hours
p(72)=200×2^(72/24)=200×2^3=1600

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