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Let P be the price of one book and N be the number of books that the boy buys (the basic scenario).
Then at the first scenario he pays (P-10) per book and buys (N+50) books, so
(P-10)*(N+50) = NP. (1)
Similarly, under the second scenario, you get the equation
(P+5)*(N-10) = NP. (2)
You can simplify the first equation in this way
PN - 10N + 50P - 500 = NP, or
-10N + 50P = 500. or
10N - 50P = -500 (1')
You can simplify the second equation in this way
PN + 5N - 10P - 50 = NP, or
5N - 10P = 50. (2')
Thus you have this system of two equations
10N - 50P = -500 (1')
5N - 10P = 50. (2')
To solve it, use the elimination method. For it, multiply the eq(2') by 2 (both sides) and then subtract it from eq(1'). You will get
-50P - (-20P) = -500 - 2*50, or
-30P = -600
which implies P = = 20.
Now from eq(2') you have
5N = 50 + 10P = 50+10*20 = 250,
hence, N = 250/5 = 50.
Answer. P = 20, N = 50 and NP (which is under the question) is NP = 50*20 = 1000.
What is the amount of money that the boy was able to use ? - It is 1000.
Solved.
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To see other similar solved problems, look into the lesson
- Had they sold . . .
in this site.