Mathematics 10 — Exercise 2.7 · Q2
Full question
Profit P(x) = −5x²+150x−1000 (thousands of rupees), where x is price per item in rupees. Find the price giving maximum profit.
Step-by-step solution
The squared coefficient is negative, so the graph opens downward and its vertex is the maximum.
Find the vertex input x = −b/(2a). Substitute the coefficient values.
Simplify the division.
Substitute this input back into the expression.
Evaluate the output and include the required units.
Answer
Price = Rs.15; maximum profit = Rs.125,000.