To solve this problem, we can use the formula for inverse variation, which is:
time = k/ rate
where k is a constant of proportionality.
We can start by finding the value of k using the given information. We know that when the pumping rate is 400 gallons per hour, it takes 12 hours to drain the pool. Therefore:
12 = k/400
Multiplying both sides by 400 gives us:
k = 4800
Now we can use this value of k to answer the second part of the question. We want to know how many hours faster the pool can be drained if the pumping rate is increased to 500 gallons per hour. Let's call this new time t:
t = 4800/500
t = 9.6 hours
So the pool can be drained 12 - 9.6 = 2.4 hours faster if the pumping rate is increased to 500 gallons per hour.