Practicing Success
If a shopkeeper sells a table at 12.5 % profit and a chair at 8.33 % loss, he gains ₹ 25 in whole transaction. If he sells the table at 8.33 % loss and the chair at 12.5 % profit he earns neither profit nor loss. Find sum of the cost price of the table and chair. |
₹ 600 ₹ 590 ₹ 420 ₹ 510 |
₹ 600 |
T × 12.5% - C × 8.33% = 25 ------- (i) -T × 8.33% + C × 12.5% = 0 C × \(\frac{25}{2}\) = T × \(\frac{25}{3}\) \(\frac{T}{C}\) = \(\frac{3}{2}\) 3R × \(\frac{25}{2 × 100}\) - 2R × \(\frac{25}{3 × 100}\) = 25 5R = 600 Table + Chair = 3R + 2R = 5R = 600 |