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Maxima & Minima · Question 65 of 80

Question 65

EasyOriginal question

When the price is ₹(100−x)(100 - x) per unit, a shop sells xx units. How many units give the largest revenue?

Options for question 65

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Revenue R(x)=x(100−x)=100x−x2R(x) = x(100 - x) = 100x - x^2.

  2. R′(x)=100−2x=0R'(x) = 100 - 2x = 0 at x=50x = 50, and R′′<0R'' < 0: a maximum.

Worth noting

2,500 is the largest revenue itself, in rupees.

Concept
Maximising revenue
Typical time
60 s
Your time
—
The rule this testsApplied problems
Practise this chapter →

Ten questions from Maxima & Minima, at your own pace.

Practise this chapter →

Ten questions from Maxima & Minima, at your own pace.