profit

[Var1995]

i m getting 817.50 as my ans....checked so many times. someone pls help. the answer is option d

[Tania123]

My answer's coming out to be 1187.5.
I'm doing a basic profit maximisation exercise.
π= PQ- (VC+FC)
Q is coming out to be 49.

[Var1995]

vc is per unit cost, u haven't multiplied it by Q. i didn't multiply fixed cost by Q as it is fixed.

[Dr. Strange]

Answer is (d) 531.5
Given Average Variable Cost= Q+3
So (Variable cost)/Q=Q+3

Variable cost=Q(Q+3)
Total Cost= 10+ Q(Q+3)
Profit=(60-0.5Q)Q-10-Q(Q+3)
Maximising we get Q*=19
Max Profit=531.5

[Tania123]

Oh right. Sorry missed that out.
Taking that into consideration, the answer coming out to be is option(d).
Here Q=19, so accordingly π=531.5