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Priya purchased two mixers for % Rs. 150...

Priya purchased two mixers for % Rs. 1500 and made a profit of 9% on one and loss 6% on the other, But overall there is no profit or loss, then the cost price of mixers are in the ratio—

A

`5:3`

B

`2:3`

C

`3:2`

D

`3:5`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to find the cost price of the two mixers Priya purchased, given that she made a profit of 9% on one and a loss of 6% on the other, and overall there is no profit or loss. Let's denote the cost price of the first mixer as \( X \) and the cost price of the second mixer as \( Y \). ### Step-by-Step Solution: 1. **Set up the equations based on the given information**: - The total cost price of both mixers is given as: \[ X + Y = 1500 \] 2. **Calculate the selling price of each mixer**: - For the first mixer (with a profit of 9%): \[ \text{Selling Price of Mixer 1} = X + 0.09X = 1.09X \] - For the second mixer (with a loss of 6%): \[ \text{Selling Price of Mixer 2} = Y - 0.06Y = 0.94Y \] 3. **Set up the equation for overall selling price**: - Since there is no overall profit or loss, the total selling price of both mixers equals the total cost price: \[ 1.09X + 0.94Y = 1500 \] 4. **Now we have a system of equations**: - From step 1: \( X + Y = 1500 \) (Equation 1) - From step 3: \( 1.09X + 0.94Y = 1500 \) (Equation 2) 5. **Substitute \( Y \) from Equation 1 into Equation 2**: - From Equation 1, we can express \( Y \) as: \[ Y = 1500 - X \] - Substitute this into Equation 2: \[ 1.09X + 0.94(1500 - X) = 1500 \] 6. **Simplify the equation**: \[ 1.09X + 1410 - 0.94X = 1500 \] \[ (1.09X - 0.94X) + 1410 = 1500 \] \[ 0.15X + 1410 = 1500 \] \[ 0.15X = 1500 - 1410 \] \[ 0.15X = 90 \] \[ X = \frac{90}{0.15} = 600 \] 7. **Find \( Y \)**: - Substitute \( X \) back into Equation 1: \[ Y = 1500 - 600 = 900 \] 8. **Determine the ratio of \( X \) to \( Y \)**: \[ \text{Ratio of } X \text{ to } Y = \frac{X}{Y} = \frac{600}{900} = \frac{2}{3} \] ### Final Answer: The cost price of the mixers are in the ratio \( 2:3 \).
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