Answer:
1.26 m , 3.15 m
Step-by-step explanation:
Let the side of the square base is y.
Height of the container is h.
Area of base = y x y = y²
Area of side walls = 4 x y x h = 4yh
Volume of the container, V = y²h
According to the question, the volume of the container is 5 m³
So, 5 = y²h
h = 5 / y² .... (1 )
Cost of bottom, C1 = 10 y²
Cost of side walls, C2 = 8 yh
Total cost, C = 10 y² + 8yh
Substitute the value of h from equation (1)
C = 10 y² + 8 y x 5 / y²
C = 10y² + 40 / y
Differentiate it with respect to y
dC/dy = 20 y - 40/y²
For maxima and minima, dC/dy = 0
20 y = 40/y²
y³ = 2
y = 1.26 m
So, h = 5 / (1.26 x 1.26) = 3.15
Thus, the side of base is 1.26 m and height is 3.15 m to minimize the cost.