The profit exceeds the cost as y > 1000 + 15x. So, option 1 is correct.
Gaining anything is known as profit. When the Selling price ( SP ) of the product is more than the cost price ( CP ) of the product, we gain profit. Opposite to the profit is loss i.e. losing anything is called loss. When the Selling price ( SP ) of the product is less than the cost price ( CP ) of the product, we get a loss.
Profit can be calculated by the formula,
Profit = Selling Price - Cost price
P = SP - CP
Loss can be calculated by the formula,
Loss = Cost price - Selling price
L = CP - SP
As per the question,
- x = number of units produced
⇒ When y > 1000 + 15x, then profit exceeds cost:
- x = 50 and y = 1750
- x = 100 and y = 2500
- x = 150 and y = 3250
- x = 200 and y = 4000
- x = 0 and y = 1000
Therefore, the graph in the 1st option is correct as the profit exceeds the cost.
To know more about Profit refer to:
https://brainly.com/question/26215194
#SPJ4
The complete question is
