Indian Institute of Foreign Trade 2015 Solved Paper

A firm is thinking of buying a printer for its office use for the next one year. The criterion for choosing is based on the least per-page printing cost. It can choose between an inkjet printer which costs ₹ 5000 and laser printer which costs ₹ 8000. The per-page printing cost for an inkjet is `1.80 and that for a laser printer is ₹ 1.50. The firm should purchase the laser printer, if the minimum number of pages to be printed in the year exceeds