A hostel has 50 students. If the number of students is increased by 10, the maintenance cost increases by Rs. 40/day, while the average maintenance cost per person decreases by Rs. 4. What is the basic maintenance cost of the hostel per day?
A hostel has 50 students. If the number of students is increased by 10, the maintenance cost increases by Rs. 40/day, while the average maintenance cost per person decreases by Rs. 4. What is the basic maintenance cost of the hostel per day? Correct Answer Rs. 1400
Given:
If the number of students is increased by 10, then
The maintenance cost increases = Rs. 40/day
The average maintenance cost per person decreases = Rs. 4
Formula used:
Average = Sum of observations/Total number of observations
Calculation:
Let the average maintenance cost be x.
According to the question,
50x + 40 = 60(x - 4)
⇒ 50x + 40 = 60x - 240
⇒ 10x = 280
⇒ x = 28
Now, the basic maintenance cost of the hostel per day = 50x
⇒ 50 × 28
⇒ Rs. 1400
∴ The required maintenance cost of the hostel per day is Rs. 1400.