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Manufacturer can sell x items at a price...

Manufacturer can sell x items at a price of rupees `(5-(x)/(100))` each. The cost price of x items is Rs. `((x)/(5)+500)`. Find the number of items he should sell to earn maximum prodit.

Text Solution

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The correct Answer is:
240
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Knowledge Check

  • A wholesale dealer wants to starts the business with Rs. 2,40,000. The cost price of a quintal wheat is Rs. 2000 and the cost price of a quintal rice is Rs. 3000. He has the space capacity for 200 quintals grain. The profit from the sale of one quintal wheat is Rs. 125 and that from one quintal rice is Rs. 200. If he has x quintal rice and y quintal wheat then the objective function for the maximum profit is ............

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