⚡ 10,279 VERIFIED QUESTIONS 333 AUTHENTIC BOARD PAPERS CBSE Board Revision Archive 100% FREE PUBLIC REVISION 37 NCERT CHAPTERS 3,054 PARALLEL SET CLONES ⚡ 10,279 VERIFIED QUESTIONS 333 AUTHENTIC BOARD PAPERS CBSE Board Revision Archive 100% FREE PUBLIC REVISION 37 NCERT CHAPTERS 3,054 PARALLEL SET CLONES
HOME CBSE 12 MATHEMATICS RELATIONS AND FUNCTIONS
✓ 4 MARKS Case Study
🔥 APPEARED IN 3 BOARD SETS
A store has been selling calculators at ₹ 350 each. A market survey indicates that a reduction in price (p) of calculator increases the number of units (x) sold. The relation between the price and quantity sold is given by the demand function $p = 450 - \frac{1}{2}x$. Based on the above information, answer the following questions: (i) Determine the number of units (x) that should be sold to maximise the revenue $R(x) = xp(x)$. Also, verify the result. (ii) What rebate in price of calculator should the store give to maximise the revenue?
YearPaper CodeSetPosition
CBSE 2024Series OtherSet 1Question 36
CBSE 2024Series OtherSet 1Question 38
CBSE 2024Series OtherSet 1Question 37
  • Step 1: Stating the fundamental formula / law statement (+1 Mark)
  • Step 2: Intermediate mathematical substitution or proof steps (+1 Mark)
  • Step 3: Correct final value or conclusion with mandatory SI units (+1 Mark)
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