14. While arranging the party, the expenses are partly fixed & partly variable according to no. of people when there are300 people the expenses are Rs. 16,500. Now the fixed charges are decreases by 33.33% & variable charges alsodecreases by 20 %. If the new expenses are 3500 less than previous one then what were the fixed charges earlier?(a) Rs. 500(b) Rs. 1200(c) Rs. 1500(d) Rs. 2000
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Answer:
Option C is correct.
Step-by-step explanation:
let x be the fixed charge and y be the variable charge.
Reduced Fixed price =
Reduced Variable price =
According to the Question,
x + 300y = 16500 .........................(1)
0.6667x + 300 × 0.8y = 13000
0.6667x + 240y = 13000 ...................(2)
Now solving the system of equation we get value of x and y.
We solve them graphically.
points for equation (1),
y = 0 ⇒ x = 16500 ⇒ ( 16500 , 0 )
y = 1 ⇒ x = 16000 ⇒ ( 16000 , 1 )
points for equation (2),
x = 0 ⇒ y = 13000/240 ⇒ ( 13000/240 , 0 )
y = 0 ⇒ y = 13000/0.6667 ⇒ ( 13000/0.6667 , 0 )
From the graph, Point of intersection is ( 1500.375 , 49.99 ) ≈ ( 1500 , 50 )
x = 1500 , y = 50
Therefore, Option C is correct.
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