The price of commodity A increases by 40 paise every year, while the price of commodity B increase by 15 paise every year. If in 2004, the price of commodity A was 4.20 and that of B was 8.30, in which year commodity A will cost 40 paise more than commodity B?
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Answer:
After 2001 i.e 2011
Step-by-step explanation:
Solution
Suppose commodity X will cost 40 paise more than Y after z years
Then,(4.20 + 0.40z) − (6.30 + 0.15z) = 0.40
⇒ 0.25z = 0.40 + 2.10
⇒z=2.50/0.25=250/25=10
∴ X will cost 40 paise more than Y 10 years
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