Question

A Caterer Charges $275 for a 3 hour event

and $425 for a 5 hour event. What is the rate of change for this situation?

Answer 1

Given :

A Caterer Charges $275 for a 3 hour event and $425 for a 5 hour event.

To Find :

The rate of change for this situation.

Solution :

Price per hour ratio for 3 hour event :

`R_1= (275)/(3)`

Price per hour ratio for 5 hour event :

`R_2= (425)/(5)`

Now, change in ratio :

`R = R_1-R_2\\\\R = (275)/(3)-(425)/(5)\\\\R = (100)/(15)\\\\R = (20)/(3)`

Therefore, rate of change for this situation is
`(20)/(3)` .

Hence, this is the required solution.