A wholesale merchant wants to start the business of cereal with ₹24000. Wheat is ₹400 per quintal and rice is ₹600 per quintal. He has capacity to store 200 quintal cereal. He earns the profit ₹25 per quintal on wheat and ₹40 per quintal on rice. If he stores x quintal rice and y quintal wheat, then maximum profit is the objective function
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Objective function always represents profit or cost to be optimised.