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The estimated cost of building a two bedroom house is GHe 120.000.00. It is made up of labour, materials and consultancy fee in the ratio 5: 12:3 respectively. At the start of the construction, the labour cost increased by 21%, cost of materials increased by 2.5 % while consultancy fee remain unchanged. If the new cost of labour is two-fifth the new cost of materials, find the: (a)value of y b. new cost of building the house. ​

User Neferpitou
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1 Answer

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Let's break down the problem step by step:

Original cost breakdown:

Labor : Materials : Consultancy = 5 : 12 : 3

This means the original cost can be divided into 20 equal parts (5 + 12 + 3 = 20 parts).

Original cost of labor = (5/20) * 120,000 = GHe 30,000

Original cost of materials = (12/20) * 120,000 = GHe 72,000

Original cost of consultancy = (3/20) * 120,000 = GHe 18,000

Now, let's calculate the increases:

Labor cost increased by 21%:

New cost of labor = Original cost of labor + 21% of Original cost of labor

New cost of labor = 30,000 + 0.21 * 30,000 = GHe 36,300

Materials cost increased by 2.5%:

New cost of materials = Original cost of materials + 2.5% of Original cost of materials

New cost of materials = 72,000 + 0.025 * 72,000 = GHe 73,800

Consultancy fee remains unchanged, so it's still GHe 18,000.

Now, we're given that the new cost of labor is two-fifths (2/5) of the new cost of materials, so:

New cost of labor = (2/5) * New cost of materials

36,300 = (2/5) * New cost of materials

Now, let's solve for the new cost of materials:

New cost of materials = 36,300 / (2/5) = 36,300 * (5/2) = GHe 91,125

Now, we can find the new total cost of building the house by adding the new costs of labor, materials, and unchanged consultancy fee:

New total cost = New cost of labor + New cost of materials + Consultancy fee

New total cost = 36,300 + 91,125 + 18,000 = GHe 145,425

So, the new cost of building the house is GHe 145,425.

(a) The value of y was not defined in the original problem, so I can't provide an answer for that part without more information.

sorry if this is wrong, im learning and trying :)

User Baum Mit Augen
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