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A man buys 4 tables and 5 chairs for ₹1...

A man buys 4 tables and 5 chairs for ₹1000. Ifhe sells the tables at 10% profit and chairs 20% profit, he earns a profit of ₹ 120. What is the cost of one table?

A

₹200

B

₹220

C

₹240

D

₹260

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first establish the variables and equations based on the information given. ### Step 1: Define Variables Let the cost of one table be \( T \) and the cost of one chair be \( C \). ### Step 2: Set Up the Equation for Total Cost According to the problem, the man buys 4 tables and 5 chairs for ₹1000. Therefore, we can write the equation: \[ 4T + 5C = 1000 \] ### Step 3: Calculate Selling Prices The man sells the tables at a 10% profit and the chairs at a 20% profit. The selling price of one table is: \[ \text{Selling Price of one table} = T + 0.1T = 1.1T \] The selling price of one chair is: \[ \text{Selling Price of one chair} = C + 0.2C = 1.2C \] ### Step 4: Set Up the Equation for Total Selling Price The total selling price for 4 tables and 5 chairs can be expressed as: \[ \text{Total Selling Price} = 4(1.1T) + 5(1.2C) \] This simplifies to: \[ 4.4T + 6.0C \] ### Step 5: Calculate Total Profit According to the problem, the total profit earned is ₹120. The profit can be calculated as: \[ \text{Total Selling Price} - \text{Total Cost} = 120 \] Substituting the values we have: \[ (4.4T + 6.0C) - 1000 = 120 \] This simplifies to: \[ 4.4T + 6.0C = 1120 \] ### Step 6: Solve the System of Equations Now we have a system of two equations: 1. \( 4T + 5C = 1000 \) (Equation 1) 2. \( 4.4T + 6C = 1120 \) (Equation 2) We can solve these equations simultaneously. First, let's multiply Equation 1 by 1.1 to help eliminate \( T \): \[ 1.1(4T + 5C) = 1.1(1000) \] This gives us: \[ 4.4T + 5.5C = 1100 \quad \text{(Equation 3)} \] ### Step 7: Subtract Equation 2 from Equation 3 Now we can subtract Equation 2 from Equation 3: \[ (4.4T + 5.5C) - (4.4T + 6C) = 1100 - 1120 \] This simplifies to: \[ -0.5C = -20 \] Thus, we find: \[ C = 40 \] ### Step 8: Substitute \( C \) Back to Find \( T \) Now substitute \( C = 40 \) back into Equation 1: \[ 4T + 5(40) = 1000 \] This simplifies to: \[ 4T + 200 = 1000 \] Subtracting 200 from both sides gives: \[ 4T = 800 \] Dividing both sides by 4 gives: \[ T = 200 \] ### Conclusion The cost of one table is ₹200.

To solve the problem step by step, we will first establish the variables and equations based on the information given. ### Step 1: Define Variables Let the cost of one table be \( T \) and the cost of one chair be \( C \). ### Step 2: Set Up the Equation for Total Cost According to the problem, the man buys 4 tables and 5 chairs for ₹1000. Therefore, we can write the equation: \[ ...
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