Question
Mathematics Question on Applications of Derivatives
The total revenue in Rupees received from the sale of x units of a product is given by R(x)=3x2+36x+5.The marginal revenue, when x=15 is
A
116
B
96
C
90
D
126
Answer
126
Explanation
Solution
The correct answer D:Rs 126
Marginal revenue is the rate of change of total revenue with respect to the number of units sold.
∴MarginalRevenue(MR)=dxdR=3(2x)+36=6x+36
∴Whenx=15,
MR=6(15)+36=90+36=126
Hence, the required marginal revenue is Rs 126.