A shopkeeper sells a saree at 8% profit and a sweater at 10% discount, there by, getting a sum Rs 1008. If she had sold the saree at 10% profit and the sweater at 8% discount, she would have got Rs 1028. Find the cost price of the saree and the list price (price before discount) of the sweater.
Solution:
Let the cost price of saree = Rs. x
Let the cost price of sweater = Rs. y
Saree with 8% profit =
Sweater with 10% discount = =
Saree with 10% profit = x +
Sweater with 8% discount = y –
According to question:
108x + 90y = 100800
6x + 5y = 5600 … (1) (Divide by 18)
110x + 92y = 102800
55x + 56y = 51400 … (2) (Divide by 2)
Multiply equation (1) by 46 and eq. (2) by 5
276 x + 230 y = 257600
275 x + 230 y = 257000
– – –
x = 600
Put x = 600 in eq. (1)
6(600) + 5y = 5600
5y = 5600 –3600
5y = 2000
y = 400
Price of saree = Rs. 600
Price of sweater = Rs. 400