Math Problem Statement

Saraswathi bought an 8 gram gold chain for Rs.40,000 on 1st November 2020. After INE 10 months, she sold the chain and bought a new 10 grams gold chain by paying extra Rs.10,000. Suppose the rate of the gold (in thousands) per gram, denoted by G(t), is a polynomial function of the time t. That is, G(t) = 0.07t3-1.4t²+7t+5. (consider t = 0 to be the time when Saraswathi bought her first gold chain and t denotes the number of months after she bought her first gold chain). Let G(t) is the polynomial of the rate for both used and new gold.

  1. What is the rate of the gold per gram when she sold her first gold chain?

  2. If she had sold the first gold chain after 6 months, how much extra would she have paid for buying the 10 grams gold chain?

Solution

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Math Problem Analysis

Mathematical Concepts

Polynomial Functions
Rate of Change
Cost Calculation

Formulas

Polynomial function: G(t) = 0.07t^3 - 1.4t^2 + 7t + 5

Theorems

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Suitable Grade Level

Grades 10-12