Question
Download Solution PDFA person buys 5 tables and 9 chairs for Rs. 15,400. He sells the tables at 10% profit and chairs at 20% profit. If his total profit on selling all the tables and chairs is Rs. 2,080 what is the cost price of 3 chairs?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDF10% of 15400 = 1540
20% of 15400 = 3080
Using allegation method
1540 3080
2080
1000 : 540
Ratio of cost price of 5 tables and 9 chairs = 1000x : 540x
1000x + 540x = 1540x
⇒ 1540x = 15400
⇒ x = 15400/1540
⇒ x = 10
Cost price of 9 chairs = 540 × 10 = 5400
⇒ Cost price of 1 chair = 5400/9 = 600
∴ Cost price of 3 chairs = 3 × 600 = 1800
Detailed Method:
Let the cost price of one table and one chair be Rs. x and Rs. y respectively.
5x + 9y = 15400 ...1)
According to the question
5x × (10/100) + 9y × (20/100) = 2080
⇒ 5x/10 + 18y/10 = 2080
⇒ 5x + 18y = 20800 ...2)
Subtract equation (1) from equation (2).
9y = 5400
⇒ 3y = 1800
∴ Cost of 3 chairs are Rs. 1,800.Last updated on Jun 13, 2025
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