The total cost of producing x radio sets per days is Rs and the price per set at which they may be solid is Rs . Find the daily output to maximize the total profit.

Question

Philoid · Accepted Answer

Cost Price (CP) for producing x amount

Selling Price (SP) per producing x amount

Selling Price (SP) for producing x amount

Profit P = SP - CP

Therefore,

Maxima exits, therefore we will get maximum profit at x = 10.