A man buys 20 pens and 12 books for tk 400.He sells pens at a profit of 40% and books at a gain of 25%.If his overall profit was to 112.The cost price of the book is?detail pls Ans
40%400 - 112 = 48 (40-25) i.e. 15% of 32 B = 48 So, B = 48100/(15*32) = 10
Let $b$ be the cost of a book, and let $p$ be the cost of a pen. From the first statement in the problem, we must have:
$$20p + 12b = 400$$
Now, since the man sells the pens for $1.4$ times their price, and sells books for $1.25$ times their price, making a profit of $112$, we find:
$$1.4\cdot 20p + 1.25\cdot 12b = 400 + 112$$
We find the system of equations:
$$20p + 12b = 400$$
$$28p + 15b = 512$$
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