Mathematics · Cost Analysis
If the excavation of earth done manually costs ₹100 per m3, and a machine can excavate at a fixed cost of ₹40,000 plus a variable cost of ₹20 per m3, find the quantity of earthwork for which the cost of excavation by machine will be equal to the cost of manual excavation.
- 12000 m3
- 21500 m3
- 31000 m3
- 4500 m3✓
Correct answer
500 m3
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