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A man purchase a book and a pen for 2500...

A man purchase a book and a pen for 25000. He sell the book at 13% P and pen at 17% profit. If he sold the book at 17% profit and pen at 13% profit he earns{ 80. Find their individual cost price.

A

Rs 13500, Rs 11500

B

Rs 12500 Rs 13500

C

Rs23500 Rs 18500

D

Rs 17500 Rs 12500

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will denote the cost price of the book as \( B \) and the cost price of the pen as \( P \). We know from the problem statement that: 1. The total cost of the book and pen is \( B + P = 25000 \). 2. The profit from selling the book at 13% and the pen at 17% can be expressed as: - Selling price of the book = \( B + 0.13B = 1.13B \) - Selling price of the pen = \( P + 0.17P = 1.17P \) - Total selling price = \( 1.13B + 1.17P \) 3. The profit earned when selling the book at 17% and the pen at 13% is given as 80: - Selling price of the book at 17% = \( B + 0.17B = 1.17B \) - Selling price of the pen at 13% = \( P + 0.13P = 1.13P \) - Total selling price = \( 1.17B + 1.13P \) 4. The difference in profit between the two selling scenarios is given as: \[ (1.17B + 1.13P) - (1.13B + 1.17P) = 80 \] Now, let's simplify the equation: ### Step 1: Set up the equation \[ (1.17B + 1.13P) - (1.13B + 1.17P) = 80 \] This simplifies to: \[ (1.17B - 1.13B) + (1.13P - 1.17P) = 80 \] \[ 0.04B - 0.04P = 80 \] ### Step 2: Factor out the common term \[ 0.04(B - P) = 80 \] ### Step 3: Solve for \( B - P \) Dividing both sides by 0.04: \[ B - P = \frac{80}{0.04} = 2000 \] ### Step 4: Set up a system of equations Now we have two equations: 1. \( B + P = 25000 \) (Equation 1) 2. \( B - P = 2000 \) (Equation 2) ### Step 5: Solve the system of equations Adding Equation 1 and Equation 2: \[ (B + P) + (B - P) = 25000 + 2000 \] \[ 2B = 27000 \] \[ B = 13500 \] ### Step 6: Substitute to find \( P \) Substituting \( B \) back into Equation 1: \[ 13500 + P = 25000 \] \[ P = 25000 - 13500 = 11500 \] ### Final Answer The cost price of the book is \( 13500 \) and the cost price of the pen is \( 11500 \).
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