Question 110

Land Cruiser Prado, the latest SUV from Toyota Motors, consumes diesel at the rate of $$\frac{1}{400}\left\{ \frac{1000}{x} + x\right\}$$litres per Km. when travelling at the speed of x km/hr. The diesel costs Rs. 65 per litre and the driver is paid Rs. 50 per hour. Find the steady speed that will minimize the total cost of a 1000 km trip?

Solution

Total cost=Fuel cost+ Driver’s cost
Fuel cost=Total distance × Cost of Diesel per km
Fuel cost=1000×[1/400 {(1000/x)+x} ]×65
Fuel cost = 162500/x + 162.5x
Now, substituting the values from the given choices, we find that at x=36, the total cost is minimum.
Hence. Option B is correct.

Create a FREE account and get:

All Quant Formulas and shortcuts PDF
40+ previous papers with solutions PDF
Top 500 MBA exam Solved Questions for Free

CAT Quant Questions | CAT Quantitative Ability

CAT Linear Equations Questions CAT Quadratic Equations Questions CAT Logarithms Questions CAT Number Systems Questions CAT Arithmetic Questions

CAT DILR Questions | LRDI Questions For CAT

CAT Coins and Weights Questions CAT Truth Lie Concept Questions CAT Games and Tournamnents Questions CAT 2D & 3D LR Questions CAT Puzzles Questions

CAT Verbal Ability Questions | VARC Questions For CAT

CAT Grammar and Sentence Correction Questions CAT Reading Comprehension Questions CAT Odd One Out Questions CAT Para Jumbles Questions CAT Critical Reasoning Questions

IIFT 2018

CAT Quant Questions | CAT Quantitative Ability

CAT DILR Questions | LRDI Questions For CAT

CAT Verbal Ability Questions | VARC Questions For CAT

Free Quant Questions

Login to your Cracku account

Hello! 👋

Ready to Unlock Your Success?

Please Enter Your OTP

Please enter the following details

Create a free Cracku account