To determine the lowest cost for fencing a rectangular plot, consider both the perimeter for cost calculation and the area for the given condition.
Let the length be l and the breadth be b. The area is fixed at:
l×b=60000
The fencing cost varies by side. The costs are as follows:
The total fencing cost is calculated as:
Cost=200×l+100×(2×b+l)
This simplifies to:
Cost=200l+200b+100l=300l+200b
The objective is to minimize this cost subject to the constraint lb=60000.
From the area constraint:
b=60000l
Substitute this into the cost equation:
Cost=300l+200×(60000l)
Simplifying further:
Cost=300l+12000000l
To find the minimum cost, differentiate the cost with respect to l:
dCostdl=300−12000000l²
Setting the derivative to zero to find the minimum:
l³=40000
Solving for l yields l=200. Consequently, b=60000/200=300.
Substituting these values back, the minimal cost is computed as:
Cost=(300×200)+(200×300)=120000
Therefore, the minimum cost to fence all sides is ₹ 120000.