Priya sold a chair and table together for 1250 thereby a profit of 25% on the chair and 10% on the table .by selling them together for 1535 he could have made a profit of 10% on the chair and 25% on the table. Find the cost price of each
Answers
let the cost price of table be y and the of cost price chair be x
Case first.Selling price of chair=gain+ cost price
gain,of chair=25percent of x=25/100 ×x=x/4
selling price of chair=x+x/4=5x/4
selling price of table=gain +cost price of chair
gain=10percent of y
=10/100 ×y
selling price=y/10 +y=11y/10
now according to question
sum of selling price of both (chair +table)=1250
5x/4 +11y/10=1250
=>25x+22y=25000....i)
Case second..
selling price of chair=gain +cost price
gain=10/100 ×x=x/10
selling price of chair=x+x/10=11x/10
selling price of table=gain+cost price
gain=25/100×y
selling price =y/4 +y=5y/4
11x/10 +5y/4=1535
22x+25y=30700....ii)
multiply second i) eqaution by 25 and second by 22
625x+550y=625000.....iii)
484x+550y=675400......iv)
141x=50400
x=Rs357.44
put this value in ii)
25y=30700-22×357.44
25y=30700-7863.68
y=913.5
hence
cost price of table is Rs,913.5 and that of chair is 357.44