CUET · MATHS · PYQ PAPER 2025
The demand function (in Rs.) for a product is \(P=20-0.25 x\). where P is the price per unit and \(x\) is the number of units sold. Find the price of one unit when the revenue is maximized
- A Rs. 20
- B Rs. 10
- C Rs. 30
- D Rs. 40
Answer & Solution
Correct Answer
(B) Rs. 10
Step-by-step Solution
Detailed explanation
\(R = P \cdot x\) \(R = (20 - 0.25x)x = 20x - 0.25x^2\) \(\frac{dR}{dx} = 20 - 0.5x\) \(20 - 0.5x = 0 \Rightarrow x = 40\) \(P = 20 - 0.25(40)\) \(P = 20 - 10\) \(P = 10\)
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