Ā  Ā  Example 37 - Manufacturer can sell x items at price (5 - x/100) - Examples

part 2 - Example 37 - Examples - Serial order wise - Chapter 6 Class 12 Application of Derivatives
part 3 - Example 37 - Examples - Serial order wise - Chapter 6 Class 12 Application of Derivatives part 4 - Example 37 - Examples - Serial order wise - Chapter 6 Class 12 Application of Derivatives part 5 - Example 37 - Examples - Serial order wise - Chapter 6 Class 12 Application of Derivatives

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Example 37 Manufacturer can sell š‘„ items at a price of rupees (5āˆ’š‘„/100) each. The cost price of š‘„ items is Rs (š‘„/5+500) Find the number of items he should sell to earn maximum profit.Let S(š’™) be the Selling Price of š‘„ items. & C(š’™) be the cost Price of š‘„ item. Given Manufacture sell š‘„ items at a price of rupees (5āˆ’š‘„/100) each S(š’™) = š‘„ Ɨ (5āˆ’š‘„/100) = 5š’™ – š’™šŸ/šŸšŸŽšŸŽ Also given Cost of x items is Rs. (š‘„/5+500) C(š‘„) = š‘„/5 + 500 We need to maximize profit Let P(š‘„) be the profit Profit = Selling price – cost price P(š‘„) = S(š‘„) – C(š‘„) P(š‘„) = (5š‘„āˆ’š‘„2/100)āˆ’(š‘„/5+500) = 5š‘„ – š‘„2/100āˆ’ š‘„/5 – 500 = (25š‘„ āˆ’ š‘„)/5 – š‘„2/100 –500 = 24š‘„/5āˆ’š‘„2/100 "– 500" Hence, P(š‘„) = 24š‘„/5āˆ’š‘„2/100āˆ’500 Diff w.r.t x P’(š‘„) = š‘‘(24/5 š‘„ āˆ’ š‘„^2/100 āˆ’ 500)/š‘‘š‘„ P’(š‘„) = 24/5āˆ’2š‘„/100āˆ’0 P’(š‘„) = 24/5āˆ’š‘„/50 Putting P’(š‘„) = 0 24/5āˆ’š‘„/50 = 0 Putting P’(š’™) = 0 24/5āˆ’š‘„/50 = 0 (āˆ’š‘„)/50=(āˆ’24)/5 š‘„ = (āˆ’24)/5 Ɨ āˆ’50 š‘„ = 240 Finding P’’(š’™) P’(š‘„) = 24/5 – š‘„/50 Diff w.r.t š‘„ P’’(š‘„) = š‘‘(24/5 āˆ’ š‘„/50)/š‘‘š‘„ = 0 – 1/50 = (āˆ’1)/50 < 0 Since P’’(š’™) < 0 at š‘„ = 240 ∓ š‘„ = 240 is point of maxima Thus, P(š‘„) is maximum when š’™ = 240 Hence the manufacturer can earn maximum profit if he sells 240 items.

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