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The revenue R from sale of x units of a ...

The revenue R from sale of x units of a commodity is given by R = 20 x - 0.5 `x^2` . Percentage rate of change of R when x = 10 is (i) `15%` (ii) `6(2)/3%` (iii) `1/15%` (iv) `20%`

A

`15%`

B

`6(2)/3%`

C

`1/15%`

D

`20%`

Text Solution

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The correct Answer is:
To find the percentage rate of change of revenue \( R \) when \( x = 10 \), we will follow these steps: ### Step 1: Write the Revenue Function The revenue \( R \) from the sale of \( x \) units of a commodity is given by: \[ R = 20x - 0.5x^2 \] ### Step 2: Differentiate the Revenue Function To find the rate of change of revenue with respect to \( x \), we need to differentiate \( R \) with respect to \( x \): \[ \frac{dR}{dx} = \frac{d}{dx}(20x - 0.5x^2) \] Using the power rule of differentiation: \[ \frac{dR}{dx} = 20 - 0.5 \cdot 2x = 20 - x \] ### Step 3: Evaluate the Derivative at \( x = 10 \) Now, we will substitute \( x = 10 \) into the derivative: \[ \frac{dR}{dx} \bigg|_{x=10} = 20 - 10 = 10 \] ### Step 4: Calculate the Revenue at \( x = 10 \) Next, we need to find the revenue \( R \) when \( x = 10 \): \[ R \bigg|_{x=10} = 20(10) - 0.5(10^2) = 200 - 50 = 150 \] ### Step 5: Find the Relative Rate of Change The relative rate of change of \( R \) is given by: \[ \text{Relative Rate of Change} = \frac{\frac{dR}{dx}}{R} = \frac{10}{150} \] ### Step 6: Convert to Percentage To convert the relative rate of change to a percentage, we multiply by 100: \[ \text{Percentage Rate of Change} = \left(\frac{10}{150}\right) \times 100 = \frac{1000}{150} = \frac{20}{3} \approx 6.67\% \] This can also be expressed as \( 6 \frac{2}{3}\% \). ### Conclusion The percentage rate of change of \( R \) when \( x = 10 \) is: \[ \boxed{6 \frac{2}{3}\%} \]
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