Problem 36: Suppose the cost of an incandescent bulb is 23 cents and that electricity costs 15 cents/kWh. Compact fluorescent lightbulbs (CFL), while they are more expensive, use 1/10 of the power for the same amount of illumination. What would be the maximum cost (in dollars) of a CFL such that the total cost (investment plus operating) would be the same for both CFL and incandescent 60 W bulbs? Assume both lightbulbs run for 1000 h.

Principles of Physics: A Calculus-Based Text
5th Edition
ISBN:9781133104261
Author:Raymond A. Serway, John W. Jewett
Publisher:Raymond A. Serway, John W. Jewett
Chapter21: Current And Direct Current Circuits
Section: Chapter Questions
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Problem 36:   Suppose the cost of an incandescent bulb is 23 cents and that electricity costs 15 cents/kWh. Compact fluorescent lightbulbs (CFL), while they are more expensive, use 1/10 of the power for the same amount of illumination.

What would be the maximum cost (in dollars) of a CFL such that the total cost (investment plus operating) would be the same for both CFL and incandescent 60 W bulbs? Assume both lightbulbs run for 1000 h. 

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