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A man sells a book and a table at 13% an...

A man sells a book and a table at 13% and 9% profit respectively and earns Rs 1060 as profit. But if he sells the book at 16 `2/3`% P and table at 11 `1/9` % loss than bears no profit no loss Find their CP?

A

Rs 7000 Rs 9000

B

Rs 8000 Rs 3000

C

Rs 4000 Rs 6000

D

Rs 3000 Rs 6000

Text Solution

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The correct Answer is:
To solve the problem step by step, we will first define the variables and then set up equations based on the information provided in the question. ### Step 1: Define Variables Let: - CP of the book = \( x \) - CP of the table = \( y \) ### Step 2: Set Up Equations for Profit From the problem, we know: - The man sells the book at a profit of 13%, hence the selling price (SP) of the book is: \[ SP_{\text{book}} = x + 0.13x = 1.13x \] - The man sells the table at a profit of 9%, hence the selling price (SP) of the table is: \[ SP_{\text{table}} = y + 0.09y = 1.09y \] ### Step 3: Total Profit Equation The total profit earned from both sales is Rs. 1060. Therefore, we can write: \[ (1.13x - x) + (1.09y - y) = 1060 \] This simplifies to: \[ 0.13x + 0.09y = 1060 \] ### Step 4: Set Up Equations for No Profit No Loss When the book is sold at \( 16 \frac{2}{3} \% \) profit (which is \( \frac{50}{3} \% \)) and the table at \( 11 \frac{1}{9} \% \) loss (which is \( -\frac{100}{9} \% \)), the selling prices become: - Selling price of the book: \[ SP_{\text{book}} = x + \frac{50}{3} \cdot \frac{x}{100} = x \left(1 + \frac{50}{300}\right) = x \left(1 + \frac{1}{6}\right) = \frac{7}{6}x \] - Selling price of the table: \[ SP_{\text{table}} = y - \frac{100}{9} \cdot \frac{y}{100} = y \left(1 - \frac{100}{900}\right) = y \left(1 - \frac{1}{9}\right) = \frac{8}{9}y \] Since he bears no profit or loss: \[ \frac{7}{6}x + \frac{8}{9}y = x + y \] ### Step 5: Rearranging the No Profit No Loss Equation Rearranging gives: \[ \frac{7}{6}x + \frac{8}{9}y - x - y = 0 \] This simplifies to: \[ \left(\frac{7}{6} - 1\right)x + \left(\frac{8}{9} - 1\right)y = 0 \] \[ \left(\frac{1}{6}\right)x + \left(-\frac{1}{9}\right)y = 0 \] Multiplying through by 18 to eliminate the fractions: \[ 3x - 2y = 0 \quad \Rightarrow \quad 3x = 2y \quad \Rightarrow \quad y = \frac{3}{2}x \] ### Step 6: Substitute \( y \) in Profit Equation Now substitute \( y = \frac{3}{2}x \) into the profit equation: \[ 0.13x + 0.09\left(\frac{3}{2}x\right) = 1060 \] This simplifies to: \[ 0.13x + 0.135x = 1060 \] \[ 0.265x = 1060 \] \[ x = \frac{1060}{0.265} = 4000 \] ### Step 7: Find \( y \) Now substitute \( x \) back to find \( y \): \[ y = \frac{3}{2} \cdot 4000 = 6000 \] ### Final Answer Thus, the cost price of the book is Rs. 4000 and the cost price of the table is Rs. 6000. ---
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