A chair and a table together cost Rs 1800. If by selling the table
at a profit of 15% and the chair at a loss of 10% a total profit of 6% is
made, then what is the cost price of the chair?
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Answer:
The answer is
Step-by-step explanation:
Given :
Cost of chair and table together = Rs 1800
6% profit is made by selling the table at a profit of 15% and the chair at a loss of 10% .
To find :
Cost price of the chair .
Solution :
let price of table and chair be x and y respectively .
then , according to the question ,
x + y = 1800 ......(i)
6% profit is made by selling the table at a profit of 15% and the chair at a loss of 10% .
then ,
[ x + x * ( 15 / 100 ) ] + [ y - y * ( 10 / 100 ) ] = 1800 + 1800 * ( 6 / 100 )
→ ( 23 * x / 20 ) + ( 9 * y / 10 ) = 1908
→ 23 x + 18 y = 38160 ......(ii)
on solving the equations (i) and (ii) , we get ,
x = 1152
and , y = 648
The cost price of the chair is Rs 648
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