Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

The maximum number of passengers an aeroplane can carry is 300. A profit of ₹1200 is made on each executive class ticket and a profit of ₹800 is made on each economy class ticket. The airline reserves atleast 40 seats for executive class. However, atleast 5 times as many passengers prefer to travel by economy class than by executive class. The maximum profit of the airline is :

Options:

₹2,08,000

₹2,56,000

₹2,60,000

₹2,80,000

Correct Answer:

₹2,60,000