Multiple choice

On selling a pen at 5% loss and a book at 15% gain, Karim gains Rs. 7. If he sells the pen at 5% gain and the book at 10% gain, he gains Rs. 13. What is the cost price of the book, in rupees?

  1. 85

  2. 95

  3. 80

  4. 100

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let P be cost of pen, B be cost of book. -0.05P + 0.15B = 7. 0.05P + 0.10B = 13. Adding equations: 0.25B = 20 => B = 80.

AI explanation

Let the cost price of the pen be P and the cost price of the book be B. Using the profit formula, the first scenario yields 0.95P plus 1.15B equals P plus B plus 7, which simplifies to negative 0.05P plus 0.15B equals 7. The second scenario yields 1.05P plus 1.10B equals P plus B plus 13, which simplifies to 0.05P plus 0.10B equals 13. Adding these two simplified equations cancels out P and results in 0.25B equals 20, so B equals 80. The cost price of the book is 80 rupees.