Question 80

A manufacturer of a certain item can sell all he can produce at the selling price of ₹60 each. It costs him ₹40 in materials and labour to produce each item ‘and he has overhead expenses of ₹3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹1000 per week is ..............

Name: A manufacturer of a certain item can sell all he can produce at the selling price of ₹60 each. It costs him ₹40 in materials and labour to produce each item ‘and he has overhead expenses of ₹3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹1000 per week is ..............
Uploaded: 2026-06-14T12:15:26.065478+05:30
Duration: 2 min 15 s
Description: A manufacturer of a certain item can sell all he can produce at the selling price of ₹60 each. It costs him ₹40 in materials and labour to produce each item ‘and he has overhead expenses of ₹3000 per week in order to operate that plant. The number of units he should produce and sell in order to make a profit of at least ₹1000 per week is ..............

Solution

Let the number of units produced = x

Materials and labour cost of 'x' units = 40x

Total cost price = 40x + 3000

Total selling price = (40x + 3000) + 1000 = 60x

20x = 4000

x = 200

Hence, he must produce and sell 200 units.

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