The university has decided that for the following year, lecture costs will increase by 20%, workshop costs by 10% and examination costs will stay the same. for level 2 , the currently hourly costs are $10, $24, and $60 respectively. how much would the level 2 course cost in the following year
Answers
This year's total cost = 94$
Next year's tatal cost = 98.4$
Step-by-step explanation:
- We have given that,
- Lecture cost = 10$
- workshop cost = 24$
- Examination cost = 60$
This year's total cost = 94$
- 10$+24$+60$=94$
respectively.
And The percentage increase in the cost is,
- Lecture cost = 20%
- workshop cost = 10%
- Examination cost = No change
Next year's Lecture cost = 12$
- 10×20/100=2
- 10+2=12$
Next year's workshop cost = 26.4$
- 24×10/100=2.4$
- 24+2.4=26.4$
Examination cost = No change
Next year's total cost = 98.4
- 12$+26.4$+60$=98.4$
Given :
Currently hourly lecture costs, workshop costs and examination costs are $10, $24 and $60 respectively.
To Find :
After increasing lecture costs by 20%, workshop costs by 10%, the costs of level 2 course in the following year.
Solution :
The present lecture cost for level 2 course = $10.00
After increasing by 20%, the cost would be
= 10 + (20% of 10)
= 10 + ( × 10)
= 10 + (0.20 × 10)
= 10 + 2
= $12.00
The present workshop cost = $24.00
After increasing it by 10%, the cost would be
= 24 + (10% of 24)
= 24 + (0.10 × 24)
= 24 + 2.4
= $26.40
The examination cost will remain same in the following year.
Therefore, the total cost for the following year would be
= 12 + 26.40 + 60
= $98.40
Total cost of 2 level course for the following year would be $98.40.