Question

The total cost function is C=500+15x and
the total revenue function is R = 700+5x.
Find the point at which there will be no
profit, no loss i.e. break even point
x=20
x=21.5
x=19.5
x=27
if you know plis send solution as well

Answer 1

Step-by-step explanation:

for break even point profit =0

R=C

700 + 5x=500+15x or 200=10x

x=20

so the break-even point is x=20

Answer 2

Answer: The point where there will be no profit and no loss is 20.

given :

C= 500+15X ; R= 700+15X

and, The total Cost TC is equal to The Total Revenue TR.

to find :

The point at which there will be no gain, no loss.

solution :

As, TC=TR

So,

500+15X=700+5X

or, 15X-5X=700-500

or, 10X= 200

or, X= 200÷10

Therefore, X= 20.

X= The point where there will be no profit and no loss= 20.