A shopkeeper increases the price of a pencil by 50 paise and that of an eraser by 75 paise every year. If in 2005 the price of a pencil was ₹5.75 and the price of an eraser was ₹4.25, then in which year was the price of a pencil 50 paise more than the price of an eraser
Answers
A shopkeeper increases the price of a pencil by 50 paise and that of an eraser by 75 paise every year. If in 2005 the price of a pencil was ₹5.75 and the price of an eraser was ₹4.25, then in which year was the price of a pencil 50 paise
more than the price of an eraser?
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❍ Selling :
By selling a pen gain is Rs.2
and by selling a pencils, he loses 50 paise
and an eraser, he loses 15 paise
On one day, he gain =Rs.10
❍ Calculation :
On that day he sold 10 pens and pencils and erasers in the ratio of 7:10
On ten pens, his gain =10×2=Rs.20
❍ Loss :
loss on pencils and erasers =Rs.20−Rs.10=Rs.10=1000 paise
Ratio in pencil and eraser =7:10
Let, it be
Let number of pencils =7x, then eraser =10x
7x×50+10x×15=1000
⇒350x+150x=1000
⇒500x=1000
⇒x=2
Numbe rof penciles =7×2=14
and number of erasers =10×2=20
❍ Hence, Proved!
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