#ENG-6203
Awesome StudentQuestion • Engineering Economincs

The ore of a gold mine in the Mountain Province contains, on the average, 05 gram of gold per ton Method A of processing cost P1,650 per ton and recovers 93% of the gold while Method B costs only P1,500 per ton and recovers 81% of the gold If gold can be sold at P8,500 per gram, how much will be the net profit for method A?

Answer

The net income of Method A is P2,30250