MATHEMATICS · Single correct · CBSE · Mathematics · Algebra Play · Algebra Play
Problem
A small factory sells each gadget for ₹150. The total cost (in rupees) of producing x gadgets is 100x+2000. Let P(x) denote the profit, where P(x)=R(x)−C(x). For what value of x does the factory break even, that is, P(x)=0?
(a) 20
(b) 40
(c) 50
(d) 80