Question

a man sold an article for Rs 161 gaining 1/6th of its cost price. find the cost price of the article?

Answer 1

Profit =1/6tg,it means C.P.is 6 and the S.P. will be (6+1)=7

Given S.P. =322 that is equal to 7 unit

=(322/7)×6

46×6=276

Hence CP=276

Answer 2

Answer:

Cost price of article is $138 Rs.$

Step-by-step explanation:

Given:

Man sold an article $RS161.$

Getting $\frac 16 th$ of its cost price.

Find the cost price of article.

Solution:

According to the question

Profit $= \frac 16$ CP

$SP=profit+CP$

$=\frac 16CP+CP$

$SP=\frac{7}{6}CP$

$161=\frac76CP$

$CP=23\times 6$

$CP=138$

Cost price of article is $138 Rs.$

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