What is the break-even point ? (Zero profit point is called break-even)
(a) 10 barrels (b) 30 barrels (c) 20 barrels (d) 100 barrels
(iii) What is the profit/loss if 175 barrels are produced
(a) Profit 266200 (b) Loss 266200
(c) Profit 240250 (d) Loss 240250
(iv) What is the profit/loss if 400 barrels are produced
(a) Profit 266200
Answers
Answer:
Given : A barrel manufacturer can produce up to 300 barrels per day. The profit made from the sale of these barrels can be modelled by the function
p(x) = – 10x² + 3500 x – 66000, where p(x) is the profit in
rupees and x is the number of barrels made and sold.
To Find : degree of the above polynomial
When no barrels are produce, what is the loss
What is the profit/loss if 175 barrels are produced
What are the factors of the given polynomial
Solution:
p(x) = – 10x² + 3500 x – 66000
Degree = 2
When no barrels are produce, x = 0
=> p(0) = 0 + 0 – 66000 = - 66000
-ve sign means Loss
Loss = 66000
175 barrels are produced
=> p(175) = – 10(175)² + 3500 (175) – 66000
= 2,40,250
+Ve sign means profit
Profit 240250
– 10x² + 3500 x – 66000
= - 10(x² - 350x + 6600)
= -10(x² - 330x - 20x + 6600)
= -10(x - 330)(x - 20)
(x - 330)(x - 20) are factors