Question 13 Marks
We have seen the example of expenditure and income (in terms of polynomials) of Govind who is a dry land farmer. He has borrowed rupees one lakh twenty-five thousand from the bank as an agriculture loan and repaid the said loan at 10 p.c.p.a.
He had spent ₹ 10,000 on seeds. The expenses on soyabean crop was ₹ 2000x for fertilizers and pesticides and ₹ $4000 x^2$ was spent on wages and cultivation. He spent $₹ 8000 y$ on fertilizers and pesticides and $₹ 9000 y^2$ on cultivation and wages for cotton and tur crop.
His total income was
$\text { ₹ }\left(14000 x^2+\frac{25000}{3} y^2+16000 y\right)$
By taking $x=2, y=3$ write the income expenditure account of Govind's farming.
He had spent ₹ 10,000 on seeds. The expenses on soyabean crop was ₹ 2000x for fertilizers and pesticides and ₹ $4000 x^2$ was spent on wages and cultivation. He spent $₹ 8000 y$ on fertilizers and pesticides and $₹ 9000 y^2$ on cultivation and wages for cotton and tur crop.
His total income was
$\text { ₹ }\left(14000 x^2+\frac{25000}{3} y^2+16000 y\right)$
By taking $x=2, y=3$ write the income expenditure account of Govind's farming.
Answer
View full question & answer→– Credit (Income)
$₹ 1,25,000$ Bank loan
$₹ 56000$ Income from soyabean
$₹ 75000$ Income from cotton
$₹ 48000$ Income from tur
$₹ 304000$ Total income– Debit (Expenses)
$₹ 1,37,000$ loan paid with interest for seeds
$₹ 10000$ For seeds
$₹ 4000$ Fertilizers and pesticides for soyabean
$₹ 16000$ Wages and cultivation charges for soyabean
$₹ 24000$ Fertilizers and pesticides for cotton & tur
$₹ 81000$ Wages and cultivation charges for cotton & tur
$₹ 272000$ Total expenditure
$₹ 1,25,000$ Bank loan
$₹ 56000$ Income from soyabean
$₹ 75000$ Income from cotton
$₹ 48000$ Income from tur
$₹ 304000$ Total income– Debit (Expenses)
$₹ 1,37,000$ loan paid with interest for seeds
$₹ 10000$ For seeds
$₹ 4000$ Fertilizers and pesticides for soyabean
$₹ 16000$ Wages and cultivation charges for soyabean
$₹ 24000$ Fertilizers and pesticides for cotton & tur
$₹ 81000$ Wages and cultivation charges for cotton & tur
$₹ 272000$ Total expenditure