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Question
A shopkeeper sells a saree at 8% profit and a sweater at 10% discount, thereby, getting a sum Rs 1008. If she had sold the saree at 10% profit and the sweater at 8% discount, she would have got Rs 1028. Find the cost price of the saree and the list price (price before discount) of the sweater.
Solution
Let the cost price of the saree and the list price of the sweater be ₹ x and ₹ y, respectively.
Case I: Sells a saree at 8% profit + Sells a sweater at 10% discount = ₹ 1008
⇒ (100 + 8)% of x + (100 – 10)% of y = 1008
⇒ 108% of x + 90% of y = 1008
⇒ 1.08x + 0.9y = 1008 ......(i)
Case II: Sold the saree at 10% profit + Sold the sweater at 8% discount = ₹ 1028
⇒ (100 + 10)% of x + (100 – 8)% of y = 1028
⇒ 110% of x + 92% of y = 1028
⇒ 1.1x + 0.92y = 1028 .....(ii)
On putting the value of y from equation (i) into equation (ii), we get
`1.1 xx 0.92((1008 - 1.08x)/0.9)`
⇒ 1.1 × 0.9x + 927.36 – 0.9936x = 1028 × 0.9
⇒ 0.99x – 0.9936x = 925.2 – 927.36
⇒ –0.0036x = –2.16
∴ x = `2.16/0.0036` = 600
On putting the value of x in equation (i), we get
1.08 × 600 + 0.9y = 1008
⇒ 648 + 0.9y = 1008
⇒ 0.9y = 1008 – 648
⇒ 0.9y = 360
⇒ y = `360/0.9` = 400
Hence, the cost price of the saree and the list price (price before discount) of the sweater are ₹ 600 and ₹ 400, respectively.
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