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A shopkeepr sells a table at 12% loss an...

A shopkeepr sells a table at 12% loss and a book 19% profit and he get 160 profit. If he sells a table at 12% profit and book at 16% loss then he inverse 40 loss. Then find the price of book.

A

Rs 6000

B

Rs 4000

C

Rs 5000

D

Rs 5500

Text Solution

AI Generated Solution

The correct Answer is:
Let's solve the problem step by step. ### Step 1: Define Variables Let: - \( T \) = Cost Price (CP) of the table - \( B \) = Cost Price (CP) of the book ### Step 2: Set Up the Equations 1. When the table is sold at a 12% loss: \[ \text{Selling Price of Table} = T - 0.12T = 0.88T \] 2. When the book is sold at a 19% profit: \[ \text{Selling Price of Book} = B + 0.19B = 1.19B \] 3. The total profit from selling both items is given as 160: \[ \text{Total Selling Price} = \text{Selling Price of Table} + \text{Selling Price of Book} \] \[ 0.88T + 1.19B - (T + B) = 160 \] Simplifying this gives: \[ 0.88T + 1.19B - T - B = 160 \] \[ -0.12T + 0.19B = 160 \quad \text{(Equation 1)} \] ### Step 3: Set Up the Second Scenario 1. When the table is sold at a 12% profit: \[ \text{Selling Price of Table} = T + 0.12T = 1.12T \] 2. When the book is sold at a 16% loss: \[ \text{Selling Price of Book} = B - 0.16B = 0.84B \] 3. The total loss from selling both items is given as 40: \[ 1.12T + 0.84B - (T + B) = -40 \] Simplifying this gives: \[ 1.12T + 0.84B - T - B = -40 \] \[ 0.12T - 0.16B = -40 \quad \text{(Equation 2)} \] ### Step 4: Solve the Equations Now we have two equations: 1. \( -0.12T + 0.19B = 160 \) (Equation 1) 2. \( 0.12T - 0.16B = -40 \) (Equation 2) We can add both equations to eliminate \( T \): \[ (-0.12T + 0.19B) + (0.12T - 0.16B) = 160 - 40 \] This simplifies to: \[ 0.03B = 120 \] Thus, \[ B = \frac{120}{0.03} = 4000 \] ### Step 5: Conclusion The cost price of the book is \( \text{Rs. } 4000 \). ---
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