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The total initial cost of labour, materials, and contractor's charges is $64,000.00. The ratio of labour, materials, and contractor's charges is 12:15:5. The cost of labour increased by x%. The cost o

Mathematics

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  1. Calculate the initial costs of labour, materials, and contractor's charges.

    The total initial cost is 64,000.00.Theratiooflabour,materials,andcontractor′schargesis64,000.00. The ratio of labour, materials, and contractor's charges is 12 : 15 : 5.Thetotalnumberofratiopartsis. The total number of ratio parts is 12 + 15 + 5 = 32$.

    Initial cost of labour (L0L_0):

    L0=1232×64000=12×2000=24000L_0 = \frac{12}{32} \times 64000 = 12 \times 2000 = 24000

    Initial cost of materials (M0M_0):

    M0=1532×64000=15×2000=30000M_0 = \frac{15}{32} \times 64000 = 15 \times 2000 = 30000

    Initial contractor's charges (C0C_0):

    C0=532×64000=5×2000=10000C_0 = \frac{5}{32} \times 64000 = 5 \times 2000 = 10000
  2. Express the new costs after the increases.

    The cost of labour increased by x%x \%. The new cost of labour (L1L_1) is:

    L1=L0(1+x100)=24000(1+x100)L_1 = L_0 \left(1 + \frac{x}{100}\right) = 24000 \left(1 + \frac{x}{100}\right)

    The cost of materials increased by 2x%2x \%. The new cost of materials (M1M_1) is:

    M1=M0(1+2x100)=30000(1+2x100)M_1 = M_0 \left(1 + \frac{2x}{100}\right) = 30000 \left(1 + \frac{2x}{100}\right)

    The contractor's charges (C1C_1) remained the same:

    C1=C0=10000C_1 = C_0 = 10000
  3. Use the given condition to find the value of xx.

    After the increase, the cost of labour was two-thirds the cost of materials:

    L1=23M1L_1 = \frac{2}{3} M_1

    Substitute the expressions for L1L_1 and M1M_1:

    24000(1+x100)=23×30000(1+2x100)24000 \left(1 + \frac{x}{100}\right) = \frac{2}{3} \times 30000 \left(1 + \frac{2x}{100}\right) 24000(1+x100)=20000(1+2x100)24000 \left(1 + \frac{x}{100}\right) = 20000 \left(1 + \frac{2x}{100}\right)

    Divide both sides by 1000:

    24(1+x100)=20(1+2x100)24 \left(1 + \frac{x}{100}\right) = 20 \left(1 + \frac{2x}{100}\right)

    Divide both sides by 4:

    6(1+x100)=5(1+2x100)6 \left(1 + \frac{x}{100}\right) = 5 \left(1 + \frac{2x}{100}\right)

    Expand the equation:

    6+6x100=5+10x1006 + \frac{6x}{100} = 5 + \frac{10x}{100}

    Multiply by 100 to clear denominators:

    600+6x=500+10x600 + 6x = 500 + 10x

    Rearrange terms to solve for xx:

    600−500=10x−6x600 - 500 = 10x - 6x 100=4x100 = 4x x=1004x = \frac{100}{4} x=25x = 25

    a) The value of xx:

    25\boxed{\text{25}}
  4. Calculate the new cost of building the restaurant.

    Substitute x=25x=25 into the expressions for L1L_1 and M1M_1:

    L1=24000(1+25100)=24000(1+0.25)=24000×1.25=30000L_1 = 24000 \left(1 + \frac{25}{100}\right) = 24000 (1 + 0.25) = 24000 \times 1.25 = 30000 M1=30000(1+2×25100)=30000(1+50100)=30000(1+0.5)=30000×1.5=45000M_1 = 30000 \left(1 + \frac{2 \times 25}{100}\right) = 30000 \left(1 + \frac{50}{100}\right) = 30000 (1 + 0.5) = 30000 \times 1.5 = 45000

    The contractor's charges remain C1=10000C_1 = 10000.
    The new total cost of building the restaurant is the sum of the new costs:

    New total cost=L1+M1+C1=30000+45000+10000=85000\text{New total cost} = L_1 + M_1 + C_1 = 30000 + 45000 + 10000 = 85000

    b) The new cost of building the restaurant: $85,000.00\boxed{\text{\$85,000.00}}

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