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 expanses 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 atleast ₹ 1000 per week, is?
Correct Answer: 200
Explanation:
Suppose the manufacturer should product produce x items.
∴ 60x - (40x + 3000) = 1000
⇒ 20x = 4000
⇒ x = 200
