A municipal committee decides to build 50 housing units for low income families. These housing units...
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A municipal committee decides to build 50 housing units for low income families. These housing units come in three types, A, B, and C. Type A units will cost RM500K each to build and will provide the city with revenue from rental payments of the amount RM25K per year. The corresponding numbers for type B units are RM625K and RM30K per year, and the numbers for type C units are RM400K and RM22.5K per year. If the total cost to build the 50 units was RM24, 750,000; and the yearly revenue from rental payments is RM1, 262,500; how many of each type of unit was built by the city? A municipal committee decides to build 50 housing units for low income families. These housing units come in three types, A, B, and C. Type A units will cost RM500K each to build and will provide the city with revenue from rental payments of the amount RM25K per year. The corresponding numbers for type B units are RM625K and RM30K per year, and the numbers for type C units are RM400K and RM22.5K per year. If the total cost to build the 50 units was RM24, 750,000; and the yearly revenue from rental payments is RM1, 262,500; how many of each type of unit was built by the city?
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Answer Lets assume the number of type A units is a the number of type B units is b and the ... View the full answer
Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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