Equations-And-Inequalities Question 56

Question: A company manufactures cassettes. Its cost and revenue functions are $ C(x)=26000+30x $ and $ R(x)=43x, $ respectively, where x is the number of cassettes produced and sold in a week. The number of cassettes must be sold by the company to realise some profit, is

Options:

A) More than 2000

B) Less than 2000

C) More than 1000

D) Less than 1000

Show Answer

Answer:

Correct Answer: A

Solution:

  • [a] Given, $ C(x)=26000+30x $ and $ R(x)=43x $
    $ \therefore $ Profit $ =R(x)-C(x)=43x-(26000+30x) $ $ =13x-26000 $ For some profit, $ 13x-26000>0 $
    $ \Rightarrow 13x>26000 $
    $ \Rightarrow x>2000 $