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Numerical Inequalities · Question 68 of 79

Question 68

MediumOriginal question

A firm's cost of making xx units is ₹(2,000+15x)(2{,}000 + 15x) and its revenue is ₹40x40x. What is the least number of units it must sell to make a profit?

Options for question 68

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Profit means revenue more than cost: 40x>2,000+15x40x > 2{,}000 + 15x, so 25x>2,00025x > 2{,}000 and x>80x > 80.

  2. The least whole number above 80 is 81.

Worth noting

At 80 units revenue equals cost exactly: no loss, but no profit either.

Concept
Break-even as an inequality
Typical time
90 s
Your time
—
The rule this testsInequalities from situations
Practise this chapter →

Ten questions from Numerical Inequalities, at your own pace.

Practise this chapter →

Ten questions from Numerical Inequalities, at your own pace.