Vinita sold a table and a chair for rs.1059,thereby making a profit of 10% on the table and 25% on the chair if she had a profit of 25% on the table and 10%on the chair she would have got rs. 1065 . Find the cost of each.
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Answer:
Table = 471.92
Chair = 431.92
Step-by-step explanation:
Let say table & chair cost price are T & C respectively
T(1+10/100) + C(1+25/100) = 1059
110 T + 125 C = 1059 * 100 Eq1
T(1+25/100) + C (1+10/100) = 1065
125 T + 110 C = 1065 * 100 Eq2
Adding both Eq 1 + Eq2
235T + 235 C = (1059 + 1065) * 100
T + C = 903.83
now subtracting , Eq2 - Eq1
15T - 15C = 6 * 100
T - C = 40
Adding both 2T = 943.83
T = 471.92
C = 431.92
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