Let us consider a problem of monthly home budget. The quantities required and budget of the family are given in the following table. Requirements (in Kg) January February March Tea 1 1.25 0.5 Rice 2 1 2 Wheat 6 4 5 Total Monthly Expenditure limit in (Rs.) 750 775 475 The Problem here is to find the costs of the items which the family can afford? To address this case first of all we have to identify the unknown quantities which are to be found. Here we have the unknowns (costs of Tea, Rice and Wheat ). Next we define the unknowns as x,y,z as the cost/unit of Tea, Rice and Wheat respectively. For the month January the requirement is 1 kg of Tea, 2 kg of Rice and ...
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