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In Indore, Annapurna area has 2000 telephone subscribers and government collects fixed charges of Rs. 280 per month from each subscriber. The government proposes to increase the tariff and if it is forecasted for each rupee increase, there will be an equivalent amount of subscribers discontinuing. So, what increase will bring maximum revenue to the government?
  • a)
    Rs. 1140
  • b)
    Rs. 860
  • c)
     Rs. 1720
  • d)
    Rs. 1000
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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In Indore, Annapurna area has 2000 telephone subscribers and government collects fixed charges of Rs. 280 per month from each subscriber. The government proposes to increase the tariff and if it is forecasted for each rupee increase, there will be an equivalent amount of subscribers discontinuing. So, what increase will bring maximum revenue to the government?a)Rs. 1140b)Rs. 860c)Rs. 1720d)Rs. 1000e)None of theseCorrect answer is option 'B'. Can you explain this answer?
Question Description
In Indore, Annapurna area has 2000 telephone subscribers and government collects fixed charges of Rs. 280 per month from each subscriber. The government proposes to increase the tariff and if it is forecasted for each rupee increase, there will be an equivalent amount of subscribers discontinuing. So, what increase will bring maximum revenue to the government?a)Rs. 1140b)Rs. 860c)Rs. 1720d)Rs. 1000e)None of theseCorrect answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about In Indore, Annapurna area has 2000 telephone subscribers and government collects fixed charges of Rs. 280 per month from each subscriber. The government proposes to increase the tariff and if it is forecasted for each rupee increase, there will be an equivalent amount of subscribers discontinuing. So, what increase will bring maximum revenue to the government?a)Rs. 1140b)Rs. 860c)Rs. 1720d)Rs. 1000e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In Indore, Annapurna area has 2000 telephone subscribers and government collects fixed charges of Rs. 280 per month from each subscriber. The government proposes to increase the tariff and if it is forecasted for each rupee increase, there will be an equivalent amount of subscribers discontinuing. So, what increase will bring maximum revenue to the government?a)Rs. 1140b)Rs. 860c)Rs. 1720d)Rs. 1000e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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