document.write( "Question 69240: Please help! I don't know where to begin.\r
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document.write( "Question:
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document.write( "An art dealer sold two artworks for $1520 thereby making a profit of 25% on the first work and 10% on the other, whereas if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on the other artwork. Find the actual cost of each artwork.\r
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document.write( "So far, this is what I have:
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document.write( "x + y = $1520
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document.write( "x(.25) + y(.10)= $1520 \n" );
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Algebra.Com's Answer #49278 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! An art dealer sold two artworks for $1520 thereby making a profit of 25% on the first work and 10% on the other, whereas if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on the other artwork. Find the actual cost of each artwork.\r \n" ); document.write( "\n" ); document.write( "---------------------- \n" ); document.write( "Let original cost of the two artworks be x and y respectively. \n" ); document.write( "If he gets 25% profit on the 1st he gets 1.25x dollars \n" ); document.write( "If he gets 10% profit on the 2nd he get 1.10x dollars. \n" ); document.write( "EQUATION: \n" ); document.write( "1.25x+1.10y=1520 \n" ); document.write( "If he switches the profit numbers he will get the following profit: \n" ); document.write( "1.10x + 1.25y = 1535 \n" ); document.write( "--------- \n" ); document.write( "I'll let you solve the system of equations. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |