3) Ms. Argel owns 360 shares of stocks in a corporation. If her total annual dividend is P37,800. How much would her dividend be if she owned 500 shares? with solution

The latex manufacturing company produces aluminum frying pans and casserole dishes. each frying pan and each casserole dish requires 40 ounces of aluminum. the company’s daily supply of aluminum is limited to 560 ounces. each frying pan requires 20 minutes on the casting machine. the casting machine is available for 400 minutes daily. each frying pan requires an insulated handle and only 12 of these are available daily. each casserole dish requires two special pick-up handles and only 16 of these are available daily. each frying pan contributes ₱25 to profit and each casserole dish contributes ₱20. the objective is to find the number of casserole dish and frying pan to make daily in order to maximize the profit.