The organiser of sale, which lasted for 3 hours and raised a
total £1000, attempted to create a model to represent the
relationship between s and t, where £
s is the amount which had been raised at time t hours after the start of the sale. In the model s and t were taken to be continous variables. The organiser assumed that
rate of raising money varied directly as the time remaining and inversely as
the amount already raised.
a.
Find
the equation of s in terms of t
b.
Find
the amount raised during the first hour of sale
c.
Find
the rate of raising money one hour after the start of the sale
Solution
First we must make a model for this problem.
The organiser of sale assumed that the rate of raising money
raised varied directly as the time remaining which is (3 – t) and inversely as the amount already raised (s)
Where k is a constant
We arrange the equation
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