Monthly Profit
1. **Problem statement:** Given total monthly profit Rs. 250000, monthly revenue is twice the monthly cost minus Rs. 60000. We need to find monthly revenue and monthly cost.
2. Let monthly cost be $C$.
3. Monthly revenue $R$ is given by
$$R = 2C - 60000$$
4. Profit is revenue minus cost:
$$\text{Profit} = R - C$$
5. Substitute $R$ and profit:
$$250000 = (2C - 60000) - C$$
6. Simplify:
$$250000 = 2C - 60000 - C$$
$$250000 = C - 60000$$
7. Solve for $C$:
$$C = 250000 + 60000 = 310000$$
8. Calculate $R$ using $R = 2C - 60000$:
$$R = 2 \times 310000 - 60000 = 620000 - 60000 = 560000$$
**Final answer:** Monthly cost is Rs. 310000 and monthly revenue is Rs. 560000.