31. The owner of a milk store finds that, he can sell 980 litres of milk each week at Rs 14/litre and 1220 litres of milk each week at Rs 16/litre. Assuming a linear relationship between selling price and demand, how many litres could he sell weekly at Rs 17/litre?
31. The owner of a milk store finds that, he can sell 980 litres of milk each week at Rs 14/litre and 1220 litres of milk each week at Rs 16/litre. Assuming a linear relationship between selling price and demand, how many litres could he sell weekly at Rs 17/litre?
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1 Answer
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31.
Assuming the price per litre say P in x-axis and the corresponding demand say D in y-axis, we have two point (14, 980) and (16, 1220) in xy plane. Then the points (P, D) will satisfy the equation.
Which is the required relation
Where P = 17, we have
D = 120 × 17 – 700
D = 1340
Hence, the owner can sell 1340 litres of milk weekly at 17/litre
Similar Questions for you
Eqn : y – 0 = tan45° (x – 9) Þ y = (x – 9)
Option (B) is correct
|r1 – r2| < c1c2 < r1 + r2
->
Now,
(y – 2) = m (x – 8)
⇒ x-intercept
⇒
⇒ y-intercept
⇒ (–8m + 2)
⇒ OA + OB =
->
->
->
->Minimum = 18
Kindly consider the following figure
According to question,
Equation of required line is
Obviously B (2, 2) satisfying condition (i)
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