Q.2 - 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?
PLEASE GIVE STEP BY STEP EXPLANATION
NO SPAMMING!!!
Answers
Given:
Cost of a chair and table together = Rs. 1800
Total profit = 6%
Table sold at a profit of 15%.
Chair sold at a loss of 10%.
To find:
Cost price of chair = ?
Solution:
Let the cost price of a table = Rs.
So, cost of chair = (1800 - ) Rs.
Now, as per question:
( Loss is subtracted from profit and there is a total profit so equated to a positive term)
Now, solving the above equation:
Now, cost of chair = (1800 - ) Rs = 1800 - 1152 = Rs. 648
So, the answer is:
Cost of chair = Rs. 648
Given :
The cost of the chair and the 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 the price of the table and the 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 .