A manufacturer can sell x items at a price of Rs(280-x) each.The cost of producing x items is Rs(x^2+40x+35).Find the number of items to be sold so that the manufacturer can make maximum profit.
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A manufacturer can sell x items at a price of Rs(280-x) each.The cost of producing x items is Rs(x^2+40x+35).Find the number of items to be sold so that the manufacturer can make maximum profit.
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Selling price of an item = Rs. (280 - x)
Let x be the number of items to be sol
:: Revenue = x( 280 - x )
= 280x - x2
Given total cost Rs. (x2 + 40x + 35)
Profit n = Revenue - total cost
= (280x - x2) - (x² + 40x + 35)
= -2x2 + 240x - 35
Diff. w.r.t.x.
dr
.. -2(2x) + 240 = 0 =
dx
= -4x + 240
Tt is maximum if,
- -4x + 240 = 0
- -4x = -240
» X = 60
Diff. again w.r.t.x.
dan dr
da?
dx
(-4x + 240)
= -4(1) + 0 = -4
dr
,2 dx?
-4 < 0
Profit is maximum when x = 60
:: Maximum profit when x = 60.
dn
dx
= 0
hope this helps you
thanks ✌️✌️
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