Practicing Success
Ravi sold a pen at 5% profit and a pencil at 10% profit. In the whole transaction he earns a profit of ₹13. If he sold the pen at 5% loss and the pencil at 15% profit he got ₹ 7 as a profit. Find cost price of one pen. |
₹ 100 ₹ 90 ₹ 50 ₹ 120 |
₹ 100 |
Let cost price of pen = x & Pencil = y x × \(\frac{5}{100}\) + y × \(\frac{10}{100}\) = 13 5x + 10y = 1300 ----- (i) -5x + 15y = 700 ----- (ii) (ATQ) ----------------------- 25y = 2000 y = 80 5x + 800 = 1300 x = 100
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