Step 1: Calculate power required to lift the lift
The force required to lift the lift is equal to its weight:
\[
F = mg = 250 \times 9.8 = 2450 \, \text{N}
\]
The power required is given by:
\[
P = Fv = 2450 \times 0.20 = 490 \, \text{W}
\]
Step 2: Convert to horsepower
Since \( 1 \, \text{hp} = 746 \, \text{W} \), the required horsepower is:
\[
\text{Power in hp} = \frac{490}{746} \approx 0.66 \, \text{hp}
\]