A taxi company charges ₹25 as a fixed charge and ₹8 per kilometre travelled
MATHEMATICS · Subjective · CBSE · Mathematics · Algebra Play · Algebra Play
Problem
A taxi company charges ₹25 as a fixed charge and ₹8 per kilometre travelled. The profit on a trip is given by P(x)=8x−25, where x is the number of kilometres. For what value of x will the company break even (that is, have zero profit)?