Given data:
Assume b = price of each blankets, and t = price of each towels.
Monday: 24b + 17t = $1,112
Tuesday: 2b + 17t = $342
Find: the price of each blanket and towels
Solution:
We can solve the system of equation above using elimination method.
First, we will subtract the two equations.
24b + 17t = $1,112
2b + 17t = $342
24b - 2b = 22b
17t - 17t = 0
1, 112 - 342 = $770
Therefore, we have the new equation:
[tex]\begin{gathered} 22b=770 \\ \text{Divide both sides by 22.} \\ \frac{22b}{22}=\frac{770}{22} \\ b=35 \end{gathered}[/tex]From the new equation 22b = 770, we were able to solve the price of each blanket and that is $35.
To solve for the price of the hooded towels, we can use either equation 1 or 2 and replace "b" with 35.
[tex]\begin{gathered} 2b+17t=342 \\ 2(35)+17t=342 \\ 70+17t=342 \\ \text{Subtract 70 on both sides.} \\ 70+17t-70=342-70 \\ 17t=272 \\ \text{Divide both sides by 17.} \\ \frac{17t}{17}=\frac{272}{17} \\ t=16 \end{gathered}[/tex]Therefore, t = 16, hence the price of each hooded towel is $16.
To summarize:
price of each personalized baby blanket = $35
price of each personalized baby towel = $16