A cultural organization arrange a food festival programme. It expects that 300 persons would attend the programme if the entrance ticket is Rs. 8. It is also estimated that for unit decrease in entrance fee, 60 additional persons would attend the program. Express the revenue of the organization as the function of the entrance fee. What should be the entrance fee so that organization gets the maximum income? Find also the maximum income.
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Answer:
the sum is simple :--
300+60=360
360×8=rs.2880
maximum income= rs.2880
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