The charges for a graphics designer is partially fixed and partially variable with the number of hours. The charge is Rs.550 for 4.5 hours and Rs.300 for 2 hours. Find the charges of 1 hour?
The total charge = Fixed component +Variable component
Z = F + kx
Where F is fixed and x is number of hours
550 = F +k(4.5)
300 = F + k(2)
Solving simultaneously, F= 100 and k= 100
Charges for 1 hour = 100 +1(100) =200