A firm starts producing pocket calculators. During the first year, the cost for setting up the unit is 3 lakh. The additional cost of producing a calculator is Rs 70. This cost is directly related to the production and the variable cost. The firm expects the revenue from the sales of the calculators to be 270 per calculator. Assuming all the produced calculators are sold, find the number x of the calculators for which
(i) the firm will breakeven
(ii) will make profit
(iii) will suffer a loss.

Answer

x = 1500, `xgt1500, xlt1500`