Let's denote the cost of renting one chair as C and one table as T. The problem states that the total cost to rent 2 chairs and 5 tables is $43, and the total cost to rent 8 chairs and 3 tables is $36.
We can set up a system of two equations to represent the given information:
Equation 1: 2C+5T=43 Equation 2: 8C+3T=36
Now, we can use a method such as substitution or elimination to solve this system of equations. Let's use the elimination method.
Multiply Equation 1 by 4 to make the coefficients of C in both equations the same:
Equation 1 (after multiplication): 8C+20T=172 Equation 2: 8C+3T=36
Now, subtract Equation 2 from Equation 1 to eliminate C:
17T=136
Divide both sides by 17:
T=8
Now that we know T=8, substitute this value into Equation 1 to solve for C:
2C+5(8)=43
Solving for C, we find C=6.
Therefore, the cost to rent each chair is $6, and the cost to rent each table is $8.