M L Aggarwal Solutions for Chapter: Application of Calculus in Commerce and Economics, Exercise 2: EXERCISE

Author:M L Aggarwal

M L Aggarwal Mathematics Solutions for Exercise - M L Aggarwal Solutions for Chapter: Application of Calculus in Commerce and Economics, Exercise 2: EXERCISE

Attempt the practice questions on Chapter 1: Application of Calculus in Commerce and Economics, Exercise 2: EXERCISE with hints and solutions to strengthen your understanding. Understanding ISC Mathematics Class 12 Volume 2 solutions are prepared by Experienced Embibe Experts.

Questions from M L Aggarwal Solutions for Chapter: Application of Calculus in Commerce and Economics, Exercise 2: EXERCISE with Hints & Solutions

EASY
12th ICSE
IMPORTANT

A company sells its product at Rs 10 per unit. Fixed cost for the company is Rs 35000 and the variable cost is estimated to run 30% of the total revenue. Determine the quantity of products the company must sell to cover the fixed cost. 

EASY
12th ICSE
IMPORTANT

A company sells its products 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 break-even point.

EASY
12th ICSE
IMPORTANT

 A company sells its products 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 number of units the company must sell to cover its fixed cost.

EASY
12th ICSE
IMPORTANT

A pen manufacturer company introduces production bonus to the workers that increases the cost of pens. The daily cost of production C for y pens is given by C(y) = (2.05y + 550) rupees. 
If each pen is sold at Rs 3, determine the minimum number that must be produced and sold daily to ensure no loss. 

EASY
12th ICSE
IMPORTANT

A pen manufacturer company introduces production bonus to the workers that increases the cost of pens. The daily cost of production C for y pens is given by C(y) = (2.05y + 550) rupees. If the selling price is increased by 30 paise per piece, what would be the break-even point ? 

EASY
12th ICSE
IMPORTANT

A pen manufacturer company introduces production bonus to the workers that increases the cost of pens. The daily cost of production C for y pens is given by C(y)=(2.05y+550) Rs. If it is known that at least 500 pens can be sold daily, what price the company should charge per piece to guarantee no loss.

EASY
12th ICSE
IMPORTANT

A company sells pens at Rs 5 per unit. The fixed cost for the company is Rs 3200 and variable cost is estimated to run 25% of the total revenue. Determine the break-even point. (Up to two places of decimal)

EASY
12th ICSE
IMPORTANT

A company sells pens at Rs.5 per unit. The fixed cost for the company is Rs. 3200 and variable cost is estimated to run 25% of the total revenue. Determine the quantity the company must sell to cover its fixed cost.