Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

A product costs the manufacturer ₹20 per unit. The demand function is given by $p(x) = 1000 - 20x$, then the quantity for maximum profit is:

Options:

25 units

50 units

49 units

$\frac{49}{2}$ units

Correct Answer:

$\frac{49}{2}$ units

Explanation:

The correct answer is Option (4) - $\frac{49}{2}$ units