The cost of production of each toy (in rupees) was found to be 55 minus the number of toys produced in a day. Let’s say x toys were produced on a day, what is the total cost of production in terms of x?
The number of toys produced on that day be x.
Therefore, the cost of production (in rupees) of each toy that day = 55–x
So, the total cost of production (in rupees) that day =x×(55−x) = 55x– x2