Two farmers A and B together own a stock of grocery. They agree to divide it by its value. Farmer A takes 72 bags while B takes 92 bags and gives Rs. 8,000 to A. What is the cost of each bag?
Let, value of each bag = Rs. x
According to problem,
⇒ 92x – 8000 = 72x + 8000
⇒ 20x = 16000
⇒ x = 800
∴ Value of each bag = Rs. 800
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