Practicing Success

Target Exam

CUET

Subject

-- Mathematics - Section B1

Chapter

Applications of Derivatives

Question:

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 increase in charges per subscriber per month that yields maximum revenue is

Options:

₹100

₹200

₹300

₹400

Correct Answer:

₹100

Explanation:

100