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Rectilinear Distance (Total Travel Distance per Day Using Rectilinear Distance):
It can be computed through using following formula:
d(X, Pi) = |x - ai| + |y - bi| (Source: Taylor, 2008).
= {(30-30) + (25-40) + (45-50) + (20-45) + (55-60) + (30-45) + (50-30) + (30-25) + (60-40) + (35-35)}
= (0+15+5+25+5+15+20+5+20+0)
=110
For this, location will be 30 for x axis and 35 for y axis i.e. (30, 35).
Straight Line or Euclidean Distance (Total Travel Distance per Day Using Straight-Line Distance):
It can be calculated by using below formula:
In this, location will be 30 for x axis and 35 for y axis i.e. (30, 35).
A man sold an item for Rs 6,750 at a loss 25%. What will be the selling price of same item if he sells it at a profit of 15%?
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