Question 14 Marks
A manufacturing company produces certain goods. The company manager used to make a data record on daily basis about the cost and revenue of these goods separately. The cost and revenue function of a product are given by $C(x)=20 x+4000$ and $R(x)=60 x+2000$, respectively, where $x$ is the number of goods produced and sold.
Based on above information, answer the following questions.
(i) How many goods must be sold to realise some profit?
(a) $\mathrm{x}<\mathbf{5 0}$
(b) $x>50$
(c) $x \geq 50$
(d) $\mathbf{x} \leq \mathbf{5 0}$
(ii) If the cost and revenue functions of a product are given by $C(x)=3 x+400$ and $R(x)=$ $5 x+20$ respectively, where $x$ is the number of items produced by the manufacturer, then how many items must be sold to realise some profit?
(a) $x \leq 190$
(b) $x \geq 190$
(c) $x<190$
(d) $x>190$
(iii) Let $\mathbf{x}$ and $\mathbf{b}$ are real numbers. If $\mathbf{b} > \mathbf{0}$ and $\mathbf{x}< \mathbf{b}$, then
(a) $x$ is always positive
(b) $\mathbf{X}$ is always negative
(c) $\mathrm{x}$ is real number
(d) None of these
(iv) The solution set of $\mathbf{3}-\mathbf{5}<\mathrm{x}+\mathbf{7}$, when $\mathrm{x}$ is a whole number is given by
(a) $\{0,1,2,3,4,5\}$
(b) $(-\infty, 6)$
(c) $[0,5]$
(d) None of these
(v) Graph of inequality $x>2$ on the number line is represented by
(a)
(b)
(c)
(d) None of the above
Based on above information, answer the following questions.
(i) How many goods must be sold to realise some profit?
(a) $\mathrm{x}<\mathbf{5 0}$
(b) $x>50$
(c) $x \geq 50$
(d) $\mathbf{x} \leq \mathbf{5 0}$
(ii) If the cost and revenue functions of a product are given by $C(x)=3 x+400$ and $R(x)=$ $5 x+20$ respectively, where $x$ is the number of items produced by the manufacturer, then how many items must be sold to realise some profit?
(a) $x \leq 190$
(b) $x \geq 190$
(c) $x<190$
(d) $x>190$
(iii) Let $\mathbf{x}$ and $\mathbf{b}$ are real numbers. If $\mathbf{b} > \mathbf{0}$ and $\mathbf{x}< \mathbf{b}$, then
(a) $x$ is always positive
(b) $\mathbf{X}$ is always negative
(c) $\mathrm{x}$ is real number
(d) None of these
(iv) The solution set of $\mathbf{3}-\mathbf{5}<\mathrm{x}+\mathbf{7}$, when $\mathrm{x}$ is a whole number is given by
(a) $\{0,1,2,3,4,5\}$
(b) $(-\infty, 6)$
(c) $[0,5]$
(d) None of these
(v) Graph of inequality $x>2$ on the number line is represented by
(a)

(b)
(c)

(d) None of the above
Answer
View full question & answer→(i) (b) We know that, Profit = Revenue - Cost
$\therefore$ In order to realise some profit, revenue should be greater than the cost.
Thus, we should have $\mathbf{R}(\mathbf{x})>\mathbf{C}(\mathbf{x})$
$
\begin{aligned}
& \Rightarrow 60 \mathrm{x}+2000 \quad>20 \mathrm{x}+4000 \\
& \Rightarrow \quad 60 \mathrm{x}+2000-20 \mathrm{x}>20 \mathrm{x}+4000-20 \mathrm{x} \\
& \text { [ subtracting } 20 \mathrm{x} \text { from both sides ] } \\
& \Rightarrow \quad 40 \mathrm{x}+2000>4000 \\
& \Rightarrow \quad 40 x+2000-2000>4000-2000 \\
& \Rightarrow \quad \text { [ subtracting } 2000 \text { from both sides ] } \\
& \Rightarrow40 \mathrm{x}>2000 \\
& \Rightarrow \frac{40 \mathrm{x}}{40}>\frac{2000}{40} \\
& \Rightarrow x>50 \\
\end{aligned}
$
[subtracting 2000 from both sides]
[dividing both sides by 40 ]
$
\Rightarrow x>50
$
Hence, the manufacturer must sell more than 50 items to realise some profit.
(iii) (d) We have, $\mathbf{b}>\mathbf{0}$
and $\mathbf{x}<\mathbf{b}$
Its mean $\mathbf{x}$ is always less than some positive quantity.
$\therefore \mathrm{x}$ may be a real number.
(iv) (a) We have, $3 \mathbf{x}-\mathbf{5}<\mathbf{x}+\mathbf{7}$
$
\begin{aligned}
& \Rightarrow 3 \mathrm{x}-5+5<\mathrm{x}+7+5 \quad \text { [adding } 5 \text { both sides] } \\
& \Rightarrow \quad 3 \mathrm{x}<\mathrm{x}+12 \\
& \Rightarrow \quad 3 \mathrm{x}-\mathrm{x}<\mathrm{x}+12-\mathrm{x} \\
&
\end{aligned}
$
[adding 5 both sides]
[subtracting $\mathbf{x}$ from both sides]
$
\begin{aligned}
& \Rightarrow 2 x<12 \\
& \Rightarrow \frac{2 x}{2}<\frac{12}{2}
\end{aligned}
$
[dividing both sides by 2]
$
\Rightarrow \mathrm{x}<6
$
Now, if $\mathbf{x}$ is a whole number, then the solution set $\{0,1,2,3,4,5\}$.
(v) (b)
$\therefore$ In order to realise some profit, revenue should be greater than the cost.
Thus, we should have $\mathbf{R}(\mathbf{x})>\mathbf{C}(\mathbf{x})$
$
\begin{aligned}
& \Rightarrow 60 \mathrm{x}+2000 \quad>20 \mathrm{x}+4000 \\
& \Rightarrow \quad 60 \mathrm{x}+2000-20 \mathrm{x}>20 \mathrm{x}+4000-20 \mathrm{x} \\
& \text { [ subtracting } 20 \mathrm{x} \text { from both sides ] } \\
& \Rightarrow \quad 40 \mathrm{x}+2000>4000 \\
& \Rightarrow \quad 40 x+2000-2000>4000-2000 \\
& \Rightarrow \quad \text { [ subtracting } 2000 \text { from both sides ] } \\
& \Rightarrow40 \mathrm{x}>2000 \\
& \Rightarrow \frac{40 \mathrm{x}}{40}>\frac{2000}{40} \\
& \Rightarrow x>50 \\
\end{aligned}
$
[subtracting 2000 from both sides]
[dividing both sides by 40 ]
$
\Rightarrow x>50
$
Hence, the manufacturer must sell more than 50 items to realise some profit.
(iii) (d) We have, $\mathbf{b}>\mathbf{0}$
and $\mathbf{x}<\mathbf{b}$
Its mean $\mathbf{x}$ is always less than some positive quantity.
$\therefore \mathrm{x}$ may be a real number.
(iv) (a) We have, $3 \mathbf{x}-\mathbf{5}<\mathbf{x}+\mathbf{7}$
$
\begin{aligned}
& \Rightarrow 3 \mathrm{x}-5+5<\mathrm{x}+7+5 \quad \text { [adding } 5 \text { both sides] } \\
& \Rightarrow \quad 3 \mathrm{x}<\mathrm{x}+12 \\
& \Rightarrow \quad 3 \mathrm{x}-\mathrm{x}<\mathrm{x}+12-\mathrm{x} \\
&
\end{aligned}
$
[adding 5 both sides]
[subtracting $\mathbf{x}$ from both sides]
$
\begin{aligned}
& \Rightarrow 2 x<12 \\
& \Rightarrow \frac{2 x}{2}<\frac{12}{2}
\end{aligned}
$
[dividing both sides by 2]
$
\Rightarrow \mathrm{x}<6
$
Now, if $\mathbf{x}$ is a whole number, then the solution set $\{0,1,2,3,4,5\}$.
(v) (b)