savita sells 5 shirts and 10 pants for rs 1600. shirts sell 15% profit and pants sell 10% loss. c.p of each pant nd shirt?
Answers
Step-by-step explanation:
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Given:
5 shirts and 10 pants are sold at Rs.1600. The shirt is sold at 15% profit and pant is sold at a 10% loss.
To find:
The cost price of each pant and shirt.
Solution:
Let the price of one shirt is m and one price of pant is n.
The price of 5 shirts is and the price of 10 pants is .
Formulate an equation using the above-mentioned sentences.
The overall profit is Rs.90.
Using 15% profit in the selling of shirts and 10% loss in the selling of pants, formulate an equation.
From equation (1),
Substitute into the equation (2) and find the value of n.
Substitute into the equation and find .
Thus, the cost price of each pant is Rs. 60 and cost price of each shirt is Rs. 200.