A man sold a chair and a table together for Rs.1520 thereby making a profit of 25% on chair and 10% on table. By selling them together for Rs.1535 be would have made a profit of 10% on the chair and 25% on the table. Find cost price of each.
Let the cost price of chair =Rs.x
and cost price of table =Rs.y
ATP
125x100+110y100=1520
125x+11oy=152000........(i)
and 110x100+125y100=1535
110x+125y=153500.......(ii)
Add (i) and (ii)
235x+235y=305500
x+y=1300.......(iii)
Substract equation (ii) from (i)
15x−15y=−1500
x−y=−100......(iv)
Now,
x+y=1300
x−y=−100
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2x=1200
x=600
Put x=600 in equation (iii)
600+y=1300
y=700
So, cost price of chair =Rs.600
and cost price of table =Rs.700