Practicing Success
A shopkeeper bought 2 chairs in Rs. 900. He sells first chair at \(\frac{5}{4}\) of its cost price and second chair at \(\frac{4}{5}\) of its cost price. If he gains Rs. 90 as a profit then find the cost price of both chairs. |
600, 300 350, 550 450, 450 500, 400 |
600, 300 |
1st chair: SP = \(\frac{5}{4}\) × CP ⇒ C.P. : S.P. = 4 : 5 ⸫ Profit percent = \(\frac{1}{4}\) × 100 = 25% IInd chair: SP = \(\frac{4}{5}\) × CP ⇒ C.P. : S.P. = 5 : 4 ⸫ Loss percent = \(\frac{1}{5}\) × 100 = - 20% Overall profit = Rs. 90 Overall profit percent = \(\frac{90}{900}\) × 100 = 10% profit Now, Using allegation method:
Now, 3R = Rs. 900 (given) 1R = 300 Hence, C.P. of 1st = 2R = 2 × 300 = Rs. 600 C.P. of 2nd = 1R = 1 × 300 = Rs. 300 |