The cost function for a product in a firm is given by \(5q^2\) , where \(q\)…

The cost function for a product in a firm is given by \(5q^2\) , where \(q\) is the amount of production. The firm can sell the product at a market price of ₹ 50 per unit. The number of units to be produced by the firm such that the profit is maximized is