Consider the given equation. y=x3−3x2+5... Differentiate the equation with respect to xdxdy=3x2−6x For local maxima and minima, dxdy=03x2−6x=03x(x−2)=0x=0,2 Differentiate equation (2) with respect to xdx2d2y=6x−6(dx2d2y)x=0=−6<0 Therefore, x=0 is a point of local maxima. (dx2d2y)x=2=6×2−6=6>0 Therefore, x=2 is a point of local minima.