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On selling a pen at 5% loss and a book a...

On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs 7. If he sells the pen at 5% gain and the book at 10% gain, then he gains Rs 13. The actual price of the book is

A

100

B

80

C

10

D

400

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The correct Answer is:
To solve the problem step by step, we will define the variables and set up equations based on the information given. ### Step 1: Define Variables Let: - The cost price of the pen = \( x \) rupees - The cost price of the book = \( y \) rupees ### Step 2: Selling Price Calculations 1. **Selling Price of the Pen at 5% Loss**: \[ \text{Selling Price of Pen} = x - \left(5\% \text{ of } x\right) = x \times \frac{95}{100} = \frac{95x}{100} \] 2. **Selling Price of the Book at 15% Gain**: \[ \text{Selling Price of Book} = y + \left(15\% \text{ of } y\right) = y \times \frac{115}{100} = \frac{115y}{100} \] ### Step 3: Set Up the First Equation According to the problem, when Karim sells the pen at a 5% loss and the book at a 15% gain, he gains Rs 7. Therefore, we can write: \[ \left(\frac{95x}{100} + \frac{115y}{100}\right) - (x + y) = 7 \] Simplifying this gives: \[ \frac{95x + 115y - 100x - 100y}{100} = 7 \] \[ \frac{-5x + 15y}{100} = 7 \] Multiplying through by 100: \[ -5x + 15y = 700 \quad \text{(Equation 1)} \] ### Step 4: Selling Price Calculations for the Second Scenario 1. **Selling Price of the Pen at 5% Gain**: \[ \text{Selling Price of Pen} = x + \left(5\% \text{ of } x\right) = x \times \frac{105}{100} = \frac{105x}{100} \] 2. **Selling Price of the Book at 10% Gain**: \[ \text{Selling Price of Book} = y + \left(10\% \text{ of } y\right) = y \times \frac{110}{100} = \frac{110y}{100} \] ### Step 5: Set Up the Second Equation When Karim sells the pen at a 5% gain and the book at a 10% gain, he gains Rs 13. Therefore: \[ \left(\frac{105x}{100} + \frac{110y}{100}\right) - (x + y) = 13 \] Simplifying this gives: \[ \frac{105x + 110y - 100x - 100y}{100} = 13 \] \[ \frac{5x + 10y}{100} = 13 \] Multiplying through by 100: \[ 5x + 10y = 1300 \quad \text{(Equation 2)} \] ### Step 6: Solve the System of Equations Now we have two equations: 1. \( -5x + 15y = 700 \) 2. \( 5x + 10y = 1300 \) Adding both equations: \[ (-5x + 15y) + (5x + 10y) = 700 + 1300 \] This simplifies to: \[ 25y = 2000 \] Dividing by 25: \[ y = 80 \] ### Step 7: Conclusion The actual price of the book is \( \text{Rs } 80 \).
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