Math Problem Statement

Solution

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Math Problem Analysis

Mathematical Concepts

Profit Maximization
Algebra
Linear Relationships
Optimization

Formulas

Profit per unit: P = Selling Price - Cost Price
Total profit = P × Quantity Sold
Relationship between price reduction and increase in quantity sold: ΔQ = 50 for every 200,000 VND reduction in price

Theorems

Optimization through differentiation

Suitable Grade Level

Grades 10-12