Question

A container at China was sold for K1500 and an additional K1000 for shipment to PNG. Each container for sold for K3500.
Use the information above to find the equation

Answer 1

To find the equation based on the information provided, we can identify the relevant variables and formulate the equation step by step.

Let:
- \( C \) be the cost of the container when sold in China.
- \( S \) be the cost of shipping to PNG.
- \( T \) be the total selling price of a container in PNG.

From the information:
- The cost of the container in China is K1500.
- The cost of shipping to PNG is K1000.
- The total selling price of the container in PNG is K3500.

We can express the total cost \( T \) of the container in PNG as the sum of the cost of the container and the shipping cost:

\[
T = C + S
\]

Substituting the values for \( C \) and \( S \):

\[
T = K1500 + K1000
\]

Calculating this gives:

\[
T = K2500
\]

However, the selling price in PNG is given as K3500. Thus, if \( P \) is the profit earned on each sale, we can write:

\[
P = T - (C + S)
\]
\[
K3500 = K1500 + K1000 + P
\]

To find the profit:

\[
P = K3500 - K2500 = K1000
\]

In summary, the relationships can be expressed as:

1. Cost equation:
\[
T = C + S
\]

2. Revenue equation:
\[
K3500 = K1500 + K1000 + P
\]

Therefore, you could summarize the key relation as

\[
K3500 = K1500 + K1000 + P
\]

In this case, you also have a profit equation based on your sale and costs. You can further express it as:

\[
K3500 = K2500 + P
\]

or

\[
P = K3500 - K2500
\]

Using these equations, you can analyze the costs, revenue, and profits related to the sale of the container.