Question

A man sold a chair and a table for 2178, thereby making a profit of 12% on the chair and
16% on the table. By selling them for #2154, he gains 16% on the chair and 12% on the table
Find the cost price of each​

Answer 1

Answer:

Rs. 1250

Step-by-step explanation:

Let the cost price of a chair and table be x and y respectively.

According to the question,

x + 12x/100 + y + 16y/100 = 2178

112x + 116y = 217800 ....(i)

Also

x + 16x/100 + y + 12y/100 = 2154

116x + 112y = 215400 ...(ii)

Solving (i) and (ii) we get x = Rs. 650 and y = Rs. 1250