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Question

A chair and a table cost 1800rupees. If by selling the table at a profit of 15% and a chair at a loss 10% total profit of 6% is made .what is the cost price of a chair


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Solution

Given, cost of chair and table together =Rs1800

6%profit is made by selling the table at a profit of 15% and the chair at a loss of 10%

Let price of table and chair be xand yrespectively .

Then , according to the question ,

x+y=1800 …… (i)

6% profit is made by selling the table at a profit of 15% and the chair at a loss of 10%.

then ,

[x+x*(15/100)]+[yy*(10/100)]=1800+1800*(6/100)

(23*x/20)+(9*y/10)=1908

23x+18y=38160 ……(ii)

On solving the equations (i)and (ii), we get ,

x=1152 and ,y=648

Hence , the cost price of the chair isRs648.


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