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ICSE Class 8 Answered

Seema bought two wallets in ₹2100. She sold one at 5% profit and another at 4% loss. After this she found that she got no profit no loss. Find the individual cost of each wallet. 
Asked by rajrudrag | 27 Oct, 2019, 05:15: PM
answered-by-expert Expert Answer
Let x and y be the cost prices of two wallets respectively
x+y=2100 ... (i)
S.P. of x = 1.05x 
S.P. of y = 0.96y
Since, Seema didn't experience profit or loss
Therefore, S.P. = C.P.
rightwards double arrow 1.05 straight x plus 0.96 straight y equals 2100 space... space left parenthesis ii right parenthesis Solving space left parenthesis straight i right parenthesis space and space left parenthesis ii right parenthesis space simultaneously comma space we space have straight x equals 933 space and space straight y equals 1167 Hence comma space the space cost space prices space of space two space wallets space are space Rs. space 933 space and space Rs. space 1167.
Answered by Renu Varma | 30 Oct, 2019, 10:43: AM

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