The ratio of gold and silver in a ring is 4 : 7. The ring costs 61100 rupees. Find the price of the gold in the ring if silver costs 1/10th of gold.

The ratio of gold and silver in a ring is 4 : 7. The ring costs 61100 rupees. Find the price of the gold in the ring if silver costs 1/10th of gold. Correct Answer 52000 rupees

Let the quantities of gold and silver in the ring be in terms of x. The quantity of silver in the ring = 7x and the quantity of gold = 4x The price of gold and silver are in a ratio 10 : 1 The total price of gold in the ring = 4x * 10 = 40x The total price of silver in the ring = 7x * 1 = 7x The total price of the ring = 61100 rupees The part of gold in the price = 40x 47x = 61100 40x = 61100/47 * 40 = 52000 rupees
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