A chemist wants to start small business by selling B.
B is produced from A by following reaction A ⇌ B Final conversion of A is 75%.Assume leftover A can't be reused. For this business, he requires to buy A and other equipments Before he can start.He wants to know about profit.Let N be kg of product B formed in one day.
Selling Price
1) Cost of B=100 Rupee/kg
Expenditures
1) Cost of A=50 Rupee/kg
2) All other expenditure= 1 0 0 0 + 3 0 N 2 Rupee/day
Help him finding Maximum profit he can make in one day.
Hint: Profit=(Total Selling price)-(Total expenditure)
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Did the same way. Nice solution! Upvoted!
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Did it the same way!Upvoted!
Mass of A used per day is 3 4 N kg. Then, the total expenditure is
Rs. 1 0 0 0 + 3 2 0 0 N + 3 0 N 2 .
Total money earned is
Rs. 1 0 0 N per day.
Hence, profit per day is
Rs. 1 0 0 N − 3 2 0 0 N − 3 0 N 2 − 1 0 0 0
= Rs. ( − 3 0 1 ( N 2 − 1 0 0 0 N ) − 1 0 0 0 )
= Rs. ( − 3 0 1 ( N − 5 0 0 ) 2 + 3 2 5 0 0 0 − 1 0 0 0 ) ≤ Rs. 3 2 2 0 0 0 ≈ Rs. 7 3 3 3 . 3 3 3 3 .
Hence the maximum profit per day is Rs. 7 3 3 3 . 3 3 3 3 .
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Profit=Selling price-Cost price
From reaction,one kg of A gives one kg of B.To produce N kg of B,we must use 3 4 N kg A.Since left over A that is 3 1 N can't be reused.
Profit= 1 0 0 N − ( 5 0 × 3 4 × N + 1 0 0 0 + 3 0 N 2 )
⟹ 3 1 0 0 N − 3 0 N 2 − 1 0 0 0
For maximizing profit, d N d ( P r o f i t ) = 0
⟹ 3 1 0 0 − 3 0 2 N = 0
⟹ N = 5 0 0
Hence
Profit= 3 1 0 0 × 5 0 0 − 3 0 5 0 0 2 − 1 0 0 0 = 3 2 2 0 0 0 = 7 3 3 3 . 3 3 3 3 3 3