Kalyan University conducts a special course on “Computer Applications” for a month during summer. For this, it invites applications from graduates. An entrance test is taken of the candidates and based on the same, a final selection of hundred candidates is made. The entrance test consists of four objective type examinations and is spread over four days with one examination per day. Each candidate is charged a fee of `50 for appearing in the entrance text. The following data relates to the past two years:
You are required to compute (a) the budgeted net revenue if 4,000 candidates are expected to take up the entrance test next year, (b) the break-even number of candidates, and (c) the number of candidates to be enrolled if the net income desired is `20,000.
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