On selling a T.V. at 5% gain and a fridge at 10% gain, a shopkeeper gains Rs 2000. But if he sells the T.V. at 10% gain the fridge at 5% loss. He gains Rs 1500 on the transaction. Find the actual prices of T.V. and fridge.
Given:
(i) On selling of a T.V. at 5% gain and a fridge at 10% gain, shopkeeper gain Rs.2000.
(ii) Selling T.V. at 10% gain and fridge at 5% loss. He gains Rs. 1500.
To find: Actual price of T.V. and fridge.
Let the S.P. of T.V = Rs. $x$;
Let the S.P. of fridge $=$ Rs. $y$
S.P. of T.V at $5 \%$ gain $=\frac{5 x}{100}$
S.P. of T.V at $10 \%$ gain $=\frac{10 x}{100}$
S.P. of Fridge at $5 \%$ gain $=\frac{5 y}{100}$
S.P. of Fridge at $10 \%$ gain $=\frac{10 y}{100}$
According to the question:
$\frac{5 x}{100}+\frac{10 y}{100}=2000$
$5 x+10 y=200000$
$x+2 y=40000$
$x+2 y-40000=0$ .....(1)
$\frac{10 x}{100}-\frac{5 y}{100} y=1500$
$10 x-5 y=15000$
$2 x-1 y=30000$
$2 x-1 y=30000=0$....(2)
Hence we got the pair of equations
1x + 2y − 40000 = 0 …… (1)
2x − 1y − 30000 = 0 …… (2)
Solving the equation by cross multiplication method;
$\frac{x}{(-30000 \times 2)-(40000)}=\frac{-y}{(-30000 \times 1)-(-40000 \times 2)}=\frac{1}{(-1-4)}$
$\frac{x}{(-100000)}=\frac{-y}{(50000)}=\frac{1}{(-5)}$
$\frac{x}{(-100000)}=\frac{1}{(-5)}$
$x=20000$
$\frac{-y}{(50000)}=\frac{1}{(-5)}$
$y=10000$
Cost of T.V. $=20000$
Cost of fridge $=10000$
Hence the cost of T.V. is Rs 20000 and that of fridge is Rs 10000 .