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Tamil Nadu Board of Secondary EducationHSC Science Class 11

The owner of a small restaurant can prepare a particular meal at a cost of Rupees 100. He estimates that if the menu price of the meal is x rupees, then the number of customers who will order that m - Mathematics

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Question

The owner of a small restaurant can prepare a particular meal at a cost of Rupees 100. He estimates that if the menu price of the meal is x rupees, then the number of customers who will order that meal at that price in an evening is given by the function D(x) = 200 − x. Express his day revenue, total cost and profit on this meal as functions of x

Sum
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Solution

Cost of one meal = ₹ 100
Total cost = ₹ 100(200 – x)
Number of customers = 200 – x
Day revenue = ₹ (200 – x)x
Total profit = Day revenue – Total cost
= (200 – x)x – (100)(200 – x)

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Chapter 1: Sets, Relations and Functions - Exercise 1.3 [Page 38]

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Samacheer Kalvi Mathematics - Volume 1 and 2 [English] Class 11 TN Board
Chapter 1 Sets, Relations and Functions
Exercise 1.3 | Q 18 | Page 38

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