A company sells its product at the rate of Rs. 6 per unit. The variable costs are estimated to run 25% of the total revenue received. If the fixed costs for the product are Rs. 4500. Find the profit function.
A
6x−32x−4500
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
6x−12x−4500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
6x+32x−4500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
6x−52x+4500
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is B6x−32x−4500 ⇒ Here, price per unit (p)=Rs.6
⇒ Total revenue R(x)=p.x=6x where x is the number of unit sold.