two articles a and b are sold for rupees 1,167 making 5% profit on a and 7% profit on b. if the two articles are sold for rupees 1,165, a profit of 7% is made on b find the cost price of each article.
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1 Answer

Assuming no profit was made in the second transaction:

1.05a+1.07b=1167

a+1.07b=1165

So 0.05a=2 and a=R40.

And b=(1165-40)/1.07=R1051.40 approx.

by Top Rated User (782k points)

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