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Answer the following.
A company sells hand towels at ₹ 100 per unit. The fixed cost for the company to manufacture hand…
A company sells hand towels at ₹ 100 per unit. The fixed cost for the company to manufacture hand towels is ₹ 35,000 and variable cost is estimated to be 30% of total revenue. What will be the total cost function for manufacturing hand towels?
- (a)$35000 + 3x$
- (b)$35000 + 30x$
- (c)$35000 + 100x$
- (d)$35000 + 10x$
Answer
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From ISC 2024 Mathematics Paper 1, question 19(i).