A trader purchases a watch and a wall clock for ₹ 390. He sells them making a profit of 10% on the watch and 15% on the wall clock. He earns a profit of ₹ 51.50. The difference between the original prices of the wall clock and the watch is equal to
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A₹ 80
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B₹ 100
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C₹ 110
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D₹ 120
Answer
Correct Answer: ₹ 110
Explanation
### Concept & Simultaneous Equations
When given the combined cost and combined profit from two different percentage rates, we can set up a system of linear equations to solve for individual variables.
### Step-by-Step Solution
* Let the original price of the watch be $W$ and the wall clock be $C$.
* Total cost: $W + C = 390$ (Equation 1)
* Total profit from 10% on watch and 15% on clock: $0.10W + 0.15C = 51.50$
* Multiply the profit equation by 100 to clear decimals: $10W + 15C = 5150$
* Divide by 5 for simpler numbers: $2W + 3C = 1030$ (Equation 2)
* Multiply Equation 1 by 2: $2W + 2C = 780$ (Equation 3)
* Subtract Equation 3 from Equation 2: $(2W + 3C) - (2W + 2C) = 1030 - 780 \Rightarrow C = 250$.
* Substitute $C$ back into Equation 1: $W = 390 - 250 = 140$.
* Difference between original prices: $C - W = 250 - 140 = 110$.
### Exam Strategy & Shortcut
Use the Percentage Shifting method. If both items were sold at a 10% profit, the total profit would be 10% of 390 = ₹ 39. The extra profit $51.50 - 39 = 12.50$ comes purely from the extra 5% profit on the wall clock. So, $5\%$ of $C = 12.50 \Rightarrow C = 250$. Then $W = 140$. $250 - 140 = 110$.
### Common Pitfall
Misaligning the percentages with the items or making arithmetic errors when solving the simultaneous equations.
### Final Answer
Therefore, the correct answer is **₹ 110**.