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A manufacturer finds that for the first 500 units of his product that are produced and solprofit is Rs 50/unit. The profit on each of
A manufacturer finds that for the first 500 units of his product that are produced and solprofit is Rs 50/unit. The profit on each of the units beyond 500 is decreased by Rs 0.1 times the number of additional units produced.
Required:
Construct the profit equation and find the maximum profit that the manufacture can make.
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