Sarah bought 10 liters of cooking oil last month. After that, the price of cooking oil rose up by 3 cents a liter. After the price rose, she bought 5 liters of cooking oil. The net expense for cooking oil was $ 8.70. Find out the old price of cooking oil.
Ans
Let initial cost be x dollars per liter
For 10 litres cost will be 10x dollars
New cost = x - 0.03
Cost of newly bought 5 litres of oil = 5 (x - 0.03) = 5x - 0.15
Total cost = 10x + (5x - 0.15) = 8.7
15x - 0.15 = 8.7
15x = 8.85
x = 8.85/15 = $ 0.59
So old price = $ 0.59 per litre
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