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Find the price of each of the three cars last year

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Question - In the previous year, at Hub Motors ltd, for a particular model of Mercedes, Nissan and Ford, one could purchase (in million shillings) all three cars for a total of Ksh 150. This year, due to inflation, the same cars would cost Ksh 161. The cost of the Mercedes increased by 8%, the Nissan by 6%, and the Ford by 12%. If the price of last year's Nissan was Ksh 7 less than the price of last year's Mercedes, Use matrix inverse to find the price of each of the three cars last year?

Reference no: EM133028279

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