This question involves the concepts of potential energy, power, and time.
The power required to raise the load from the lowest level to the top floor is "264.16 KW".
The power required by the lift can be calculated by the following formula:
[tex]P = \frac{P.E}{t}[/tex]
where,
Therefore,
[tex]P=\frac{mgh}{\frac{h}{v}}\\\\P = mvg = (1600\ kg)(16.83\ m/s)(9.81\ m/s^2)[/tex]
P = 264163.68 = 264.16 KW
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