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Question

A person bought two clocks. The cost price of one of them exceeds by 14 the price of the other. He sold the costlier clock to the dealer at a gain of 10% and the other at a gain of 7.5% and thus got Rs 98 in all as SP. Find the total cost price of two clocks

A
Rs 150
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B
Rs 90
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C
Rs 120
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D
Rs 100
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Solution

The correct option is B Rs 90
1Clock
Let CP of 1st clock be x.
Gain=10%
2Clock
Then, CP of 2nd clock=x14x
=3x4
Gain=7.5%
Total SP=Rs.98
Then according to question,
98=110100×x+107.5100×3x498=11x10+10751000×3x498=4400x+3225x4000x=98×40007625x=51.4
Now, 3x4=3×51.44=Rs.38.55
Total CP=x+3x4=Rs.51.4+Rs.38.55
=Rs.89.95
=Rs.90(approx.)

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