Case Study II

Raman Lal runs a stationery shop in Pune. The analysis of his sales, expenditures and profits showed that for x number of notebooks sold, the weekly profit (in ₹) was P(x) = - 2x² + 88x - 680. Raman Lal found that:

• He has a loss if he does not sell any notebook in a week.
• There is no profit no loss for a certain value x₀ of x.
• The profit goes on increasing with an increase in x i.e. the number of notebooks sold. But he gets a maximum profit at a sale of 22 notebooks in a week.

Now answer the following questions :

1. What will be Raman Lal’s profit if he sold 20 notebooks in a week?

1. ₹ 144
2. ₹ 280
3. ₹ 340
4. ₹ 560

2. What is the maximum profit that Raman Lal can earn in a week?

1. ₹ 144
2. ₹ 288
3. ₹ 340
4. ₹ 680

3. What is Raman Lal’s loss if he does not sell any notebooks in a particular week?

1. ₹ 0
2. ₹ 340
3. ₹ 680
4. ₹ 960

4. Write a quadratic equation for the condition when Raman Lal does not have any profit or loss during a week.

1. 2x² - 44x + 340 = 0
2. x² + 44x - 340 = 0
3. x² - 88x + 340 = 0
4. x² - 44x + 340 = 0

5. What is the minimum number of notebooks x₀ that Raman Lal should sell in a week so that he does not incur any loss?

1. 0
2. 10
3. 11
4. 12

Assertion (A): The quadratic equation 3kx² - 4kx + 4 = 0 has equal roots, if k = 3.

Reason (R): For equal roots of a quadratic equation, we must have D = 0.

1. A is true, R is false

2. A is false, R is true

3. Both A and R are true

4. Both A and R are false