Two manufacturers Ram and Shyam manufacture only three wooden items; bed, table and sofa. The sales (in rupees) of these three items by both of manufacturers in month of June and July are given by the following matrices A and B respectively.
Sale in June
Bed Table SofaA=[5000100001500025000150005000]RamShyam
Sale in July
BedTable SofaB=[2500500030001000050005000]RamShyam
If Ram receives 1% profit on gross sales, then profit of Ram for sofa sold in July is
[1 mark]