An internet service provider in a town has 500 subscribers and charging ₹300 per month from each subscriber. He proposes to increase the monthly charges and it is believed from past experience that for every increase of ₹1, one subscriber will discontinue the service. |
The maximum revenue generated per month is |
₹200000 ₹180000 ₹160000 ₹150000 |
₹160000 |
Max. Revenue R(100) = -(100)2 + 200(100) + 150000 = - 10000 + 20000 + 150000 = 160000 |