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A company has drawn a contract for the purchase of paper at a price of 1 0 perkg of paper containing 5 % moisture by

A company has drawn a contract for the purchase of paper at a price of 10perkg
of paper containing 5% moisture by weight and to adjust the price if the moisture
content varies, so that the price of bone dry paper is constant. Also if the moisture
content exceeds 5%, the additional freight charge incurred due to the excess moisture
will be deducted from the total cost. The freight charge is 2 per kg of paper. Calculate
the following:
(a) The total amount to be paid for 10000kg of paper containing 3% moisture
(b) The total amount to be paid for 8000kg of paper containing 9% moisture.
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