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Question

On selling a tea set at 5% loss and a lemon set at 15% gain, a shopkeeper gains Rs. 70. If he sells the tea set at 5% gain and lemon set at 10% gain, he gains Rs. 130. Find the cost price of the lemon set.

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Solution

Let C.P of tea set =x and lemon set =y
ATP, 15100×y5100×x=703yx=70×203yx=1400(1)
Again,
5100×x+10100×y=130x+2y=130×20x+2y=2600(2)
Substituting x from equation (1) in equation (2)
3y1400+2y=26005y=4000y=800

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